Eurozone inflation will slow down to 1.1 per cent next year, from 1.4 per cent in 2013, and accelerate to 1.3 per cent in 2015, European Central Bank President Mario Draghi said Thursday. According to dpa, Draghi also said the Frankfurt-based central lender expected gross domestic product in the currency bloc to shrink by 0.4 per cent in 2013, and expand by 1.1 per cent in 2014 and by 1.5 per cent in 2015.
