Euro Area: Consumption Seems To Be Recovering

ECB Headquarters Ahead Of Rate Announcement

In the Eurozone, consumption seems to be recovering, when will inflation go up too ?

http://www.washingtonpost.com/blogs/wonkblog/files/2012/08/wonk0806.jpg

(original publishing date: 02/20/2015)

Yes, this is just an average value, we know very well that there are countries in which consumption hasn’t been growing for a very long time, but this chart must mean something:

That’s a weird divergence, isn’t that ?

 

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