Unclear whether digital revolution lowers prices - survey

FRANKFURT, Germany (AP) — A new survey suggests the digital technologies sweeping through the corporate world could mean some job losses at big companies, but it's unclear what impact they will have on consumer prices.

Retailers told the European Central Bank, which carried out the survey, that e-commerce should lower prices for shoppers. But producers of goods foresaw more chances to raise prices thanks to new technologies such as 3D printing and internet-connected devices.

The bank asked 74 of the biggest companies in Europe how the think new technologies are likely to affect the economy in coming years.