French central bank head sees inflation going up a bit in 2021

Inflation in the euro zone should go up a bit this year and should then go down in 2022 and 2023, Bank of France Governor Francois Villeroy de Galhau said on Wednesday.

“Our forecast is at 1.4% for the whole euro zone,” Villeroy, who is also a European Central Bank (ECB) member, told Europe 1 radio.

He also said he remained confident over French central bank’s economic growth forecast for France in 2021, namely for 5.75%.
Source: Reuters (Reporting by Matthieu Protard; Editing by Sudip Kar-Gupta)