The European Central Bank forecasts that eurozone inflation will fall back to 3% this year

2022-05-15 0 By

Euro zone headline inflation will fall to 3% this year and 1.8% next year, reaching the 2% target set by the European Central Bank (ECB), according to a quarterly survey of professional forecasts published on Monday.The report is based on a survey conducted by the European Central Bank among 62 economic experts from financial and non-financial institutions in the European Union.The survey also predicts eurozone gross domestic product will grow by 4.2% this year.(Media Reporter Tao Ye)