Eurozone's CPI remains unchanged in January

Note: This section contains information in English only.
Source: ABC News
The consumer price index in the Eurozone remained unchanged in January of the current year, staying significantly below the ECB target level of 2%. Inflation stayed at 0.8% on the annual basis, the same as a month before. Due to increasing deflationary pressure, the ECB may probably loosen the monetary policy further and provide additional stimulus, as expected by economists.
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Mon, 24 Feb 2014 12:59:21 GMT

Draghi: ECB is ready to increase support, if deflation risks rise

The ECB President Mario Draghi announced on Monday that he is ready to increase economic stimulus and loosen the monetary policy further, if deflation risks increase in the nearest future. However, he pointed out that it is still very unlikely that prices will go down. The ECB meeting is planned to take place on March 6, when the policy makers

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