Energy prices bounce ‧ euro-zone inflation of 2.7%

HPCforex

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Eurozone March consumer price after correction rising faster than the estimation, the main reason was energy prices have rocketed, forcing transportation costs to increase.
Eurostat released an e-mail statement said; Euro zone March inflation rate of 4 consecutive months is maintained at 2.7%, higher than the first estimate of 2.6% released on March 30. Due to the deletion of the budget coupled with energy prices rose, eroding the consumer spending and business investment.
The strength European economic growth if fear difficult to enhance. Along with Spain is difficult to borrowing in the financial markets, at 5th of the month, president of the European Central Bank, Mario Draghi, withdrew the discussion of urgent revitalization measures and early exit, and decision-making authority to maintain interest rates unchanged at a record low of 1%.
 
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