Inflation decline was broad basedInflation to increase in December due to base effects but will decline slowly afterwardsAll measures of underlying inflation declined in OctoberUnderlying measures of inflation rose due to wage growth and falling productivityMost measures of longer-term inflation expectations currently stand at aroundThe risks to economic growth remain tilted to the downsideThe prospects are weak for construction and manufacturingServices to softenWe are determined to make sure inflation returns to our 2% inflation target in the medium termThe euro has perked up during this press conference but some of that is broad US dollar weakening. This article was writt
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