Euro Zone CPI's Rebound From Four Years Low Is Still Not As Good As Expected.

The P data released by the European Bureau of statistics showed that in April, the growth rate of CPI in the euro area rose from 0.5% in March to 0.7%. Affected by the Easter evening, CPI data in March hit a new low of over 4 years. < /p >
< p > data show that < a href= "//www.sjfzxm.com/news/index_cj.asp" > euro zone < /a > April CPI initial value +0.7%, expected +0.8%, the former value +0.5%. The core value of CPI in the euro area is +1.0% at an annual rate of +1.0%, with an expected value of +1.0% and a +0.7% value. < /p >
< p > although Easter (stimulating consumption) is in April this year, CPI is still lower than economists' overdue in April, and Reuters believes that deflation risk is still hovering over the euro zone. < /p >
< p > the European Central Bank's policy of two times a year "a href=" //www.sjfzxm.com/news/index_cj.asp "> voting conference < /a > will be held in Brussels next week. British media believe that the European Central Bank's next meeting at the next meeting (Kuan Song) policy to deal with inflation may not yet be ruled out. And the ECB may further cut interest rates more than QE. < /p >
< p > from the sub item point of view, the downward trend of energy prices slowed down in April, and the price of service industry increased faster than the ring. However, the price growth rate of food, beverage, tobacco and non energy industries decreased. < /p >
"P > last week," a href= "//www.sjfzxm.com/news/index_cj.asp" Europe "/a" central bank governor Delagi said that if the medium-term prospect of consumer price inflation is deteriorating, the ECB will consider expanding the scope to purchase assets, not only limited to asset backed securities ABS. He also said that the exchange rate is more and more important to the ECB's monetary policy, and the rise of the euro will lead to the action of the European Central Bank. < /p >
The P CPI data in April is considered likely to decide whether Delagi has implemented the most radical policy of the European Central Bank in the past two and a half years: implementing negative interest rates or further substantive plans to implement quantitative easing (QE) in the euro area. < /p >
Economists in the previous Bloomberg survey predicted that euro zone prices rose 0.8% in April compared with 0.5% in March. Richard Barwell, a senior economist at Royal Bank of Scotland, told Bloomberg that if the growth rate of CPI in April is not as fast as that in March, the ECB will face a further easing of substantive options. < /p >