Agriculture Minister Dr. Abdur Razzaque speaks at the meeting for taking activities in agriculture sector through Public Private Partnership at the seminar room of the mnistry on Thursday. NN photo

No deflation in eurozone: ECB chief Draghi

AFP, Frankfurt :Inflation in the eurozone is currently very low but there is no danger of deflation-a widespread fall in prices-European Central Bank chief Mario Draghi said Thursday.“At this point in time, we do not have evidence of consumers postponing expenditure plans, which is something one would observe in a deflationary environment,” Draghi told a symposium organised by the German central bank or Bundesbank.“To be sure, current inflation, which stood at 0.8 percent in January, can clearly not be considered...

1 Mar 2014, 12:00 am