Subsequently, however, against the background of further improvement in the aggregate supply and demand balance and the rise in the medium- to long-term inflation expectations, the inflation rate is expected to pick up and is likely to reach the price stability target of 2 percent toward the latter half of the projection period.
Ageing and low growth – interrelated phenomena and real economy implications  If one were asked to rank the two phenomena of ageing and low growth in order of public awareness in Europe, low growth would most likely come out ahead of ageing.