price stability

What is price stability?

price stability definition and meaning on Finance terms:
The primary objective of the Eurosystem, which has been defined by the Governing Council as a year-on-year increase in consumer prices (as measured by the HICP) for the euro area that is below but close to 2% over the medium term. <

 

reference: https://www.ecb.europa.eu/home/glossary/html/index.en.html

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