Positive data in the eurozone
Positive data in the eurozone
Following the successful bond issues in France and Spain, Europe is now flooded with positive macro data.
At first UK reports that its inflation rate fell to an annual rate of 4.2%.
Then the EU reported that euro zone inflation rate fell to 2.8% at an annual rate.
It is likely that the inflation rate will continue to decrease in the coming months. this will help support the economy growth rate in 2012.
