cbr quarterly_review, 2005-12-31
It did so because in some months of 2005, especially in September and October, growth in energy prices caused eurozone inflation to exceed by far the medium-term target the ECB seeks to achieve through its monetary policy (the ECB is set to keep inflation close to consumer price growth of 2% in each reporting month relative to the same month of the previous year).
Sentiment: neutral
Topic: mp_inflation