Reduced Fear of Deflation in the Euro Area |

Just over a year ago there were more countries in the Euro Area actually in deflation or at zero inflation than nations with positive inflation rates. A cyclical upturn in the European economy is helping to reduce the risks associated with price deflation as the chart below shows. Euro area annual inflation was confirmed at 1.4% in May 2017, the UK has the third highest inflation rate in the EU (2.9%).

Continue reading at:

http://ift.tt/2rmStxB

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s