ecb slightly lowers 2018 2019 inflation forecasts
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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ECB slightly lowers 2018, 2019 inflation forecasts

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Arab Today, arab today ECB slightly lowers 2018, 2019 inflation forecasts

European Central Bank chief Mario Draghi
Frankfurt am Main - Arabs Today

The European Central Bank on Thursday slightly lowered its inflation forecasts for the next two years, chief Mario Draghi said.

Consumer prices are expected to rise by 1.2 percent in 2018, and by 1.5 percent in 2019, said the ECB, shaving 0.1 percentage points off each of the two forecasts.

The bank kept its 2017 inflation projection unchanged at 1.5 percent.

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