Euro zone inflation rise not convincing: Draghi

Rising inflation in the euro zone is primarily being driven by fluctuating energy prices and there are no signs it is sustainable, European Central Bank President Mario Draghi said on Thursday. "Headline inflation is likely to pick up further in the near term, largely reflecting movements in the annual rate of change of energy prices. The ECB has been pumping money into the euro zone economy in order to boost inflation, which at one point was threatening deflation.