ECB ups growth forecasts, 2020 inflation still below target

FRANKFURT AM MAIN: The European Central Bank on Thursday unveiled its latest growth and inflation expectations for the eurozone, including its first estimates for 2020.

The Frankfurt-based bank significantly lifted its growth forecasts for 2017-2019, but consumer prices will see only modest rises.

In 2020, inflation is forecast to hit 1.7 percent, still below the bank's goal of just under 2.0 percent -- judged as most favourable to growth.

The following is a table of all of the ECB's projections, which it releases quarterly. The previous forecasts are given in brackets.

The figures are expressed as percentage changes, and all are positive unless indicated otherwise.