The Wall Street Journal today announced that the European Central Bank has released its latest Monthly Bulletin. For the monthly report, the bank surveyed professional forecasters who said they expected “significantly higher inflation in the euro zone” in 2012 – a result of increased energy prices, weaker euro performance and an anticipated increase in taxes and administered prices as some countries in the union are striving to shore up budget revenues amid the euro-zone's sovereign debt crisis. As a result, experts give a more negative outlook about the region’s economic performance compared to their forecast back in February.
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