ECB lowers inflation forecasts for 2019 through 2021

Author: Adam Button | Category: Central Banks

The latest inflation forecasts

  • 2019 1.2at vs 1.3% in June
  • 2020 at 1.0% vs 1.4% in June
  • 2021 at 1.5% vs 1.6% in June
At the start of the year, the ECB was forecasting 1.6% inflation this year and 1.7% in 2020.

That 2020 foreacast is worrisome. Given the ECB's poor track record on forecasting inflation, that's perilously close to zero.


ForexLive
By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose