Inflation falls in the euro area despite stronger growth
Annual price increases expected to fall to 1.3% in January, Eurostat says
Inflation in the eurozone is expected to fall in January to 1.3% despite stronger economic growth, according to a flash estimate released by the official statistical agency Eurostat today (January 31).
Price pressures in the currency union continue to fall short of the European Central Bank’s target of nearly 2%. Persistent weak inflation is one of the main factors preventing the ECB from normalising monetary policy.
Stronger growth in the region in 2017 and optimistic forecasts for the year
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