Eurozone's inflation forecast cut for 2014 and 2015

Source: RTT News
© Scanpix/RS
Inflation in the 18-nation bloc is expected to remain below the European Central Bank's outlook this year and in 2015 mainly due to stronger local currency and lower prices of commodities, a survey published by the bank showed on Friday. According to the report, the Eurozone's inflation is projected to stand at 1.1% compared to initially forecast level of 1.5% in November.

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