In the News
Reduced Fear of Deflation in the Euro Area
16th June 2017
Just over a year ago there were more countries in the Euro Area actually in deflation or at zero inflation than nations with positive inflation rates. A cyclical upturn in the European economy is helping to reduce the risks associated with price deflation as the chart below shows. Euro area annual inflation was confirmed at 1.4% in May 2017, the UK has the third highest inflation rate in the EU (2.9%).
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
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