The growth rate in Germany will be approximately 2%

Dr. Jens Kramer, Economist at NORD L/B, on Eurozone’s inflation rate and economic outlook Currently there are some concerns that the ECB President risks making the same mistake as the Bank of Japan in 1998, by publicly playing down a deflation threat. Do you personally think that Europe might follow the case of Japan and end up in deflationary territory? No, I do not think so. The inflation rate is obviously very low at the moment and much weaker than the ECB is heading for, with Eurozone CPI…

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