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13.11.2014 17:25

ECB publishes forecasts on lower inflation and less economic growth

ECB expects euro zone inflation of 1% in 2015 and 1.4% in 2016. Previous forecast estimated inflation to be 1.2% in 2015 and 1.5% in 2016. The ECB also lowered its economic growth forecast for 2015 from 1.5% to 1.2% naming falling oil prices and political tensions the main reasons.

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