Manu_alcala
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- 5 Mar 2007
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En la rueda de prensa, en ningún caso comentó los dos puntos finales con el detalle que Usted ha realizado, sí el primero. Los dos puntos dinales los diluyó en un mensaje de posibles tensiones inflacionista a medio plazo, pero en ningún caso dijo el por qué, ni dijo por encima del 2%, cuando han revisado sus objetivos para este año entre el 1.8-2.1%
Como veo que duda de mi palabra le pondré la parte del discurso donde se comenta lo dicho
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With respect to price developments, according to Eurostat’s flash estimate, annual HICP inflation was 1.8% in August 2007, the same rate as in the previous month. However, over the remainder of this year, inflation rates are likely to increase again to above 2%. In the September 2007 ECB staff projections, annual HICP inflation is projected to lie between 1.9% and 2.1% in 2007, and between 1.5% and 2.5% in 2008. In 2008, a declining impact from indirect taxes and energy prices is expected to be compensated by higher pressures from unit labour costs. Compared with the June 2007 Eurosystem staff projections, the new ranges for 2007 and 2008 are within the ranges previously projected.
The Governing Council is of the view that risks to this outlook for price developments lie on the upside. These upside risks include increases in indirect taxes beyond those anticipated thus far and further increases in oil prices and prices for agricultural products. More fundamentally, stronger than expected wage developments and an increase in the pricing power in market segments with low competition may occur. Such developments would pose upside risks to price stability. It is therefore crucial that all parties concerned meet their responsibilities. The potential materialisation of these risks – or their abatement – requires close monitoring.
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