Euro zone inflation will remain negative this year: European Central Bank’s de Guindos

Euro zone inflation will remain negative for the rest of the 2020, European Central Bank Vice President Luis de Guindos said today, just after fresh data showed price growth hitting a more than four year low.

“Inflation will be negative for the rest of the year .. for the coming year, we hope that it will recover,” de Guindos said in a speech. His comments could be seen as a nuanced change in his views as he earlier predicted that inflation would be negative or very close to zero for the rest of the year.

Euro zone inflation will remain negative this year: European Central Bank’s de Guindos via @MasterMindUpdate
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