Agence France-PresseFebruary 13, 2014 06:32
Eurozone inflation will remain below target in the next few years, and growth will speed up, a survey by the European Central Bank forecast on Thursday.
In its regular quarterly survey of professional forecasters, the ECB found that inflation in the 17 countries that share the euro was expected to reach an annual average 1.1 percent this year.
Inflation would then pick up to 1.4 percent in 2015 and 1.7 percent in 2016, the ECB said.
The new forecasts mark a noticeable downward revision from previous predictions.