Pantheon Macroeconomics - Inflation data later today will likely show that the Eurozone fell into deflation driven primarily by the big plunge in oil prices since 2008. The consensus expects a 0.1% decline year-over-year, but we look for the CPI to fall slightly more, by 0.2%.

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7 Jan. 2015 Low Inflation to Offer Significant Boost to Real GDP in the Eurozone

By Claus Vistesen

Inflation data later today will likely show that the Eurozone fell into deflation driven primarily by the big plunge in oil prices since 2008. The consensus expects a 0.1% decline year-over-year, but we look for the CPI to fall slightly more, by 0.2%.

Posted: 7th Jan 2015 in 'Eurozone Documents'

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