ECB's de Guindos: Recent inflation data is good news

<ul><li>It's been a 'positive surprise'</li><li>But it is too early to declare victory</li><li>Increase in wages can still have an impact on inflation</li><li>Monetary policy stance will be data-dependent</li></ul><p>Expect this to be the mantra that we hear from the ECB at next week's policy meeting as well.</p>

This article was written by Justin Low at www.forexlive.com.