Business & Finance

ECB ups growth forecasts, 2020 inflation still below target

Published December 14, 2017 Updated December 14, 2017 07:16pm

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.

 

Copyright AFP (Agence France-Press), 2017