Traduction de «Taux d'inflation » (Français → Anglais) :

5. Stresses its concern regarding the continuous fall in the inflation rate in the euro area since 2011, with inflation differentials between Member States; stresses the significant gap currently observed between the ECB’s explicit target of keeping inflation rates below but close to 2 % in the medium term, and the current inflation rates, which are close to zero or even below zero in several euro area Member States; is worried that, as acknowledged by the ECB President, current deflationary trends could lead to the disanchoring of medium- to longer-term inflation expectations;

5. Stresses its concern regarding the continuous fall in the inflation rate in the euro area since 2011, with inflation differentials between Member States; stresses the significant gap currently observed between the ECB’s explicit target of keeping inflation rates below but close to 2 % in the medium term, and the current inflation rates, which are close to zero or even below zero in several euro area Member States; is worried that, as acknowledged by the ECB President, current deflationary trends could lead to the disanchoring of medium- to longer-term inflation expectations;

percentage increases in value of the immovable property which secures the shared equity credit agreement, and the rate of any inflation index referred to in the agreement, shall be assumed to be a percentage equal to the higher of the current central bank target inflation rate or the level of inflation in the Member State where the immovable property is located at the time of conclusion of the credit agreement or 0 % if those percentages are negative.

D. whereas for the inflation rate criterion, two different definitions of 'price stability' are being used; whereas the ECB has clarified that, in the pursuit of price stability, it aims to maintain inflation rates below but close to 2% over the medium term while in their convergence reports, the ECB and the Commission use a reference value calculated as the average inflation rate over the previous 12 months in the three best-performing Member States plus 1,5 percentage points, on the basis of the Protocol on the convergence criteria referred to in Article 121(1) of the EC Treaty, which assumes that best performance in terms of price s ...[+++]tability means, in practice, the lowest possible inflation,

D. whereas for the inflation rate criterion, two different definitions of 'price stability' are being used; whereas the ECB has clarified that, in the pursuit of price stability, it aims to maintain inflation rates below but close to 2% over the medium term while in their convergence reports, the ECB and the Commission use a reference value calculated as the average inflation rate over the previous 12 months in the three best-performing Member States plus 1,5 percentage points, on the basis of the Protocol on the convergence criteria referred to in Article 121(1) of the EC Treaty, which assumes that best performance in terms of price s ...[+++]tability means, in practice, the lowest possible inflation,

19. Agrees with the Commission that the disparities in growth and inflation rates within the euro area, with differences of up to 4,5 % in growth and up to 2,7 % in inflation in 2005, is increasingly due to structural reasons; regrets that dispersion in inflation rates among Member States with higher inflation rates has a negative effect on the competitiveness and monetary stability of the euro area as a whole; notes that these differences are sometimes part of a positive process of convergence in revenues and price level, due to the "catch up" process; calls once more on Member States of the euro area to strengthen their efforts towa ...[+++]rds effective coordination of economic and monetary policies notably through the reinforcement of their common strategies within the Eurogroup, in order to improve the real convergence of economies and to limit the risks of asymmetric shock in the EMU;