Bert colijn - Latest News Update, Information, Photos & Videos on Bert colijn at Lokmat Times

Brussels, March 3 The euro area inflation rate continues to be positive in February, with the harmonized index of consumer price (HICP) reading at 0.9 per cent, the statistical office of the European Union (Eurostat) said.It was the second consecutive month that had witnessed a positive HICP, Xinhua news agency quoted Eurostat as saying on Tuesday.The energy component of the HICP remains negative at minus 1.7 per cent, but recovered from minus 4.2 per cent in January with a strong momentum regained late last year.The return of positive readings after months of Covid-19-related negative inflation is expected to step up when restrictive measures are further eased in the second half of 2021, analysts said."A simple return to pre-coronavirus levels would push... Inflation above 2 per cent in the second half of the year," wrote ING's senior economist Bert Colijn and Global head of macro Carsten Brzeski on Monday."Unless there are any second-round effects on wages in the making, the ECB (European Central Bank) will turn a blind eye to these developments."This is not an easy task but any premature normalising of monetary policy would risk choking off the still-fragile economic recovery," they added.( With inputs from IANS )Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Lok Sabha Election 2024

Heatwave In India

Mumbai Water Cut

Maharashtra Lok Sabha Election

IPL 2024

Salman Khan

Bert ColijnFOLLOW

Bert colijn, Latest News

Politics :Eurozone inflation softens in Feb

Brussels, March 3 The eurozone's annual inflation rate is projected to fall to 8.5 per cent in February ... ...

Politics :Eurozone inflation slows to 8.5% in Jan: Eurostat

Brussels, Feb 2 Annual inflation in the eurozone is projected to fall to 8.5 per cent in January ... ...

Politics :Eurozone's June inflation surges to record 8.6%

Brussels, July 2 Inflation in the eurozone surged to a fresh record high, with consumer prices pumping 8.6 ... ...

Politics :Euro area's inflation hits highest level in 25 yrs

Brussels, Jan 8 Inflation in the eurozone hit a new record of 5 per cent in December 2021, ... ...

Politics :Retail trade, services in EU severely hit by Covid

Brussels, Sep 7 The Covid-19 pandemic has posed a major impact on retail trade and the demand for ... ...

International :Euro area inflation expected to be stable at 0.9%

Brussels, March 3 The euro area inflation rate continues to be positive in February, with the harmonized index ... ...