Our website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

ECB chief economist says easing inflation welcome but must continue

by Staff GBAF Publications Ltd
0 comment

ECB chief economist says easing inflation welcome but must continue

DUBLIN (Reuters) – An easing in goods and services inflation in flash data last week is welcome but needs to continue, European Central Bank Chief Economist Philip Lane said in an interview published on Tuesday.

“Goods inflation and services inflation came down, which is very welcome,” Lane told Irish business publication The Currency in an interview he gave on Aug. 31.

“But as I said, one month of data is only one piece of information: We need to see that continue,” he said.


(Writing by Conor Humphries; Editing by Jacqueline Wong)