During the first week of 2017, global financial markets retained optimistic moods accumulated at the end of the previous year. Growth was registered at both the European market, and the US trading platforms.
Inflation indicators in the euro-area and the US give hope that economic growth in 2017 can accelerate. In December 2016, consumer prices in the euro-area grew 1.1% in annual terms. Thus, inflation accelerated swiftly compared to 0.6% registered in November and turned out to be recordhigh since September 2013.
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