Barrell, Ray; Holland, Dawn; Choy, Amanda - National Institute of Economic and Social Research - 2005
growth and housing investment, while the Euro Area and Japan will grow by about 1_ per cent. Strong global growth has … world growth. The euro effective exchange rate has dropped by 5 per cent since the beginning of the year, reinforcing … inflationary pressures in the Euro Area. This will to add 0.2 to 0.4 percentage points to Euro Area inflation in 2005 and 2006, and …