ECB, (2016), “Economic Bulletin”, European Central Bank, Issue 3/2016
The financial market turbulence of early 2016 has subsided and global economic activity is showing signs of stabilisation. World trade has been resilient at the start of the year, although its growth rate is expected to remain moderate. Risks to the outlook for global activity, most prominently for emerging market economies, remain on the downside and relate in particular to policy uncertainty, financial turbulence and geopolitical risks. Global headline inflation has remained at low levels as past energy price declines continue to weigh on price increases.
Relevant Posts
- European Central Bank, (2016), “Economic Bulletin”, Issue 2/2016, 24 Μarch
- ECB (2015) Update on Economic and Monetary Developments, Economic Bulletin Issue 1/2015, European Central Bank, February