Consumer price inflation in
the euro area increased to 2.1 per cent over the year to October, primarily due to higher food and energy prices; the core measure of inflation is lower at 1.7 per cent (Graph 9).
Not exact matches
The European Central Bank (ECB) warned Wednesday that despite the improved economic growth in the
euro area there are concerns related to a sudden
increase in volatility.
Business activity in the
euro area hit a fresh six - year high in April on strong demand and
increasing business prospects, new data showed on Friday.
«In the short term, it should add to economic growth (and) in the longer term, the fact that migrants are mainly young
increases the working age population and addresses worrying demographics and pension dynamics in the
euro area.»
Mondi has embarked on a 750 million
euro project to
increase capacity at its paper mills and bolster revenue from 2019 onwards by catering to higher demand in container and corrugated packing and some
areas of consumer packaging.
Indeed, in the
euro area and Japan, our core inflation forecasts are above consensus for 2018, penciling in an
increase to 1.6 % and 1.1 % at year - end, respectively.
The balance sheet could thus
increase by around $ 1 trillion - equivalent to 50 % of its current size or around 10 % of
euro area GDP (as of mid-2014).
In the
euro area, the household saving rate
increased due to a larger fall in real final consumption expenditure -LRB--0.7 %) than in real gross disposable income -LRB--0.4 %).
The pace of activity in the
euro area looks to have
increased in recent months, after subdued growth over the first half of this year.
Data from other parts of the world, with the exception of the
euro area, also point to
increased momentum in recent months.
However, world GDP growth is expected to become more synchronised in 2006 as activity
increases in both the
euro area and Japan.