Medianet Görsel Tanıtım | “The consensus view was that headline inflation would gradually
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“The consensus view was that headline inflation would gradually

“The consensus view was that headline inflation would gradually

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Cheap Canada Goose Outlet Euro zone annual energy inflation was down 2.3 percent in September.Core inflation closely watched by the ECB and strips out volatile energy and food prices was a meager 0.8 percent, falling from 0.9 percent in August, and back at levels seen in June and July.”The consensus view was that headline inflation would gradually start to pick up again from the fourth quarter,” ING economist, Martin van Vliet, said.”But now that oil prices have tanked, canada goose outlet https://www.canadagoosessale.org Cheap Canada Goose headline inflation may stay close to zero for longer and not reach 1 percent before the end of next year, if at all,” he said.TRADE SURPLUS MASKS FALLING EXPORTS Exports in August meanwhile fell 3 percent on an unadjusted, annual basis and slipped 0.9 percent compared with July, adjusted for seasonal swings, Eurostat said in a separate release. Canada Goose Outlet Imports also fell.Euro zone exports to the rest of the world have been one of its strong points since the 2009 2012 debt crisis damaged local demand and business confidence, but a slowing Chinese economy and the crisis with Russia over Ukraine are taking their toll.Eurostat’s data showed euro zone goods exports to Russia fell 14 percent year on year in the first seven months of 2014.The August Canada Goose Sale data did show a 9.2 billion euro ($11.7 billion) trade surplus, which could help the euro zone’s output in the third quarter, but slumping exports makes worrying reading.”The bottom line is that the rising trade surplus will propel the current account surplus and be supportive cheap canada goose for the euro on the forex markets,” BNP Paribas economist, Dominique Barbet, said. “However, the decline in imports and exports are a sign of poor economic activity,” she said.. Cheap Canada Goose Outlet

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