Call our team +44 (0) 207 566 3939

BLOG

Europe’s inflation falls to new record low

Europe’s inflation falls to a new low

Europe`s inflation has fallen to a new record low since the beginning of the financial crisis. The European Central Bank has said this is now becoming very dangerous for the economies of Europe.
Inflation rose only by 0.4% in July, down from 0.5% in June. At this low rate there is a very real risk of deflation. The European Central Banks target is 2%. If it stays lower than 1% there is a chance prices could begin to spiral.

A few EU countries have also felt a deflation and Spain`s latest figures have shown a fall in prices over the last 12 months. Other countries such as Greece and Portugal have had inflation well below Zero.

It is widely expected that the European Commission Bank will begin on a programme of quantative easing, with them buying financial assets from governments such as debt and bonds, with the aim to help increase inflation.

These figures show how weak the Eurozone economy is and the UK is very lucky to not be part of the since currency at present, as the UK continues to grow and thrive.

This blog was brought to you by Your Virtual Office London, if you enjoyed this post, you can read more interesting and insightful articles on our business and economy blog.

Related Category Posts

Memorandum and Articles of Association 101

Memorandum and Articles of Association 101

Once you’ve obtained a registered office address, your business will be running in earnest along with the presence of a pile-up of paperwork. You can avoid becoming overwhelmed by the inevitable if you familiarise yourself with vital business terms and documents;...

read more
What Is Your Company’s SIC Code?

What Is Your Company’s SIC Code?

Once you register a company, advisably through a company formations agent who will comprehensively manage all necessary communication with Companies House and remedy start-up teething issues, you’ll be met with a plethora of important numbers and...

read more

Capital Office Ltd is registered in England and Wales: Registered Address: Kemp House 152 – 160 City Road London EC1V 2NX

Company Number: 06294297 | VAT No: 976201416 | ICO No: ZA084808 | Anti-money laundering registration number: XZML00000125126

© Copyright 2019 Capital Office Ltd - All Rights Reserved

Please click here to view the latest businesses using our address without authorisation.