What can be deduced from the figures on inflation?
By Eric Heyer In May, inflation in the euro area moved closer to the ECB target. The sharp rise in inflation, from 1.2% to 1.9% […]
output gap
The ECB is still worried about the weakness of inflation
By Christophe Blot, Jérôme Creel and Paul Hubert The President of the European Central Bank, Mario Draghi, recently announced that the increase in the ECB’s […]
Holding to the required course
By Eric Heyer This text summarizes the OFCE’s 2013-2014 forecasts for the French economy. In 2013, the French economy should see negative annual average growth, with […]