Inflation in the euro zone in 2009 will reach 0,4 percent

Inflation in the euro zone in 2009 will reach 0,4%, and in 27 countries - EU - 0,9%, which coincides with the earlier forecast. To such conclusion experts of the European Commission (EC), given its projections in a report released today by the EC.

In III quarter of 2009 in the euro area is expected deflation of 0,3%, and in 27 countries - EU member states - the growth of consumer prices by 0,3%, experts say. In the IV quarter of 2009, consumer prices in the euro zone and 27 countries - EU members will grow by 0,7% and 0,9% respectively.

The European Commission also forecasts the output of the EU economy from recession in the III quarter of 2009 Thus, according to experts of the EC, in the III quarter of 2009, expected GDP growth the euro zone to 0.2% compared with the previous quarter, and in the IV quarter - on 0,1%. Similar rates are projected for 27 countries - EU members.

As a result, the European Commission predicts drop in GDP of 4% relative to 2008

Despite the exit of the recession, which helped authorities of European countries pursued economic policies, the state of the European economy is still far from equilibrium, experts say the EC.

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