Skip to main content

Oil price falls may have negative effects on global economy, ECB warns

Demand-driven oil price falls have negative impact on GDP growth, simulations suggest

ecb-frankfurt-new
The European Central Bank

Low oil prices may have a negative effect on global GDP growth, the European Central Bank (ECB) said today (June 13). The fall in prices since June 2014 could also could threaten the financial stability of commodity-exporting countries and other emerging market economies, it added.

Some observers had expected lower oil prices to boost consumption of other goods in oil-importing countries, but the ECB's account suggests this has not been materialising.

A shift from supply factors to demand as the

Solo los usuarios que tengan una suscripción de pago o formen parte de una suscripción corporativa pueden imprimir o copiar contenido.

Para acceder a estas opciones, junto con todas las demás ventajas de la suscripción, póngase en contacto con info@centralbanking.com o consulte nuestras opciones de suscripción aquí: subscriptions.centralbanking.com/subscribe

Actualmente no puede copiar este contenido. Póngase en contacto con info@centralbanking.com para obtener más información.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Regístrese en Central Banking

Todos los campos son obligatorios, salvo que se indique lo contrario.

Mostrar contraseña
Ocultar contraseña

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Iniciar sesión
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.