The November inflation rate in the euro area may not be sufficient to stop Mario Draghi President of the ECB from taking additional measures on stimulation.
The market's attention this week paid to the President of the ECB on the background of a possible expansion of the program QE. According to the median forecast of 37 economists in a survey Bloomberg, inflation in the region accelerated to 0.1 to 0.2 percent. The data on consumer prices and inflation, Eurostat will publish at 11 am in Luxembourg.
Officials have repeatedly stressed that inflation has slowed because of falling costs for energy and other commodities, but now they seem to be concerned that the low price growth took root. Inflation is below the ECB target (slightly less than 2 percent) from the beginning of 2013, and is projected to the bank, will accelerate to this level until the end of 2017.
According to a separate study, core inflation - excludes food and energy costs - in the last month remained unchanged at 1.1 percent.
Draghi said earlier that the officials of the bank "will do everything possible to stimulate inflation as quickly as possible," using all available tools in the framework of the mandate.
In a survey of Bloomberg, which was released this week, all 53 respondents forecast that the ECB will take additional measures that although 80 percent of them say the extension of QE, and 65 percent say that the ECB will increase the amount of monthly purchases.
The report of the Austrian Parliament, which was released on Tuesday, ECB Governing Council member Ewald Nowotny said that recent projections reflect the risks of achieving the inflation target. "The updated forecasts in December, will give us more insight into the situation in the region", - he said.
According to the materials WELTRADE