Tuesday June 2, 2020

Euro area inflation increases less than expected

Euro-area consumer-price growth accelerated less than economists forecast in April, keeping pressure on the European Central Bank to consider unprecedented steps to avert the risk of deflation.

30th April, 2014
Today’s data may prove critical for ECB President Mario Draghi as he decides whether to embrace policies ranging from negative interest rates to quantitative easing.

Euro-area consumer-price growth accelerated less than economists forecast in April, keeping pressure on the European Central Bank to consider unprecedented steps to avert the risk of deflation.

The annual inflation rate increased to 0.7 per cent from 0.5 per cent in March, the European Union’s statistics office in Luxembourg said today. That’s below the 0.8 per cent median forecast in a Bloomberg News survey of 37 economists.

Today’s data may prove critical for ECB President...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 5 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago