Inflation to stabilise at low levels despite more QE

Inflation has fallen sharply this year and is likely to remain low. Admittedly, the rise in the price of oil and some agricultural commodities since June will push the headline inflation rate back up a bit in the near term. But we expect it to drop once more in 2013 as the global slowdown and recession in the euro-zone persist, and as commodity prices fall once more.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.
By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.

Already a client or trialist? Log in to read this.