Oil prices cast shadow over eurozone inflation outlook: ECB survey

Falling oil prices are weighing on the outlook for inflation in the euro area this year, but the European Central Bank's stimulus measures and the gradual economic recovery will drive inflation higher again next year, an ECB survey showed on Friday. According to the ECB's regular quarterly survey of professional forecasters, eurozone inflation is expected to average 0.7 percent this year, but then pick up to 1.4 percent in 2017 and 1.6 percent in 2018, moving closer to the central bank's target