The European Central Bank on Thursday said it expects inflation to hit 1.7 percent in 2020, still short of the bank's target of just under 2.0 percent that is seen as most favourable for growth.
For 2018, the bank slightly lifted its forecast from 1.2 percent to 1.4 percent.
Consumer prices are expected to rise by 1.5 percent in both 2017 and 2019, according to staff projections, unchanged from the last forecasts unveiled in September.
GMT 14:50 2017 Thursday ,14 December
ECB ups eurozone growth forecasts for 2017-2019GMT 13:20 2017 Friday ,17 November
VW says will invest over 34 bn euros in cars of the future by 2022Maintained and developed by Arabs Today Group SAL.
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