Julien Seetharamdoo This is Me

 Web References

1. 1. Eurozone data to show confidence drop, inflation may be revised higher

   au.news.yahoo.com/050417/19/u0 - [Cached]

   Published on: 4/18/2005   Last Visited: 4/18/2005

   Julien Seetharamdoo of Capital Economics said there was an outside chance the eurozone figure would be nudged up to 2.2 percent.
   
   The medium-term inflation outlook was seen as more benign.
   
   "We expect headline inflation to fall below two percent later in the year, though the precise timing will of course depend on what happens to oil prices," said Seetharamdoo.
   
   The European Central Bank has said it expected high oil prices to maintain inflation above two percent in the coming months, but that it would drop below this level in the medium term.
   
   Morgan Stanley economist Annemarieke Christian said, however, that she had revised her full-year inflation forecast up to 2.1 percent from 1.9 percent as a result of higher oil prices.
   
   An influx of cheap textiles following the removal of quotas on Chinese imports on January 1 offset the impact of high oil prices to some extent, she acknowledged.