login
login

Europe Daily Bulletin No. 10524

5 January 2012
ECONOMY - FINANCE / (ae) ecb
Slight fall in eurozone inflation

Brussels, 04/01/2012 (Agence Europe) - According to a flash estimate published by the EU's statistical office Eurostat, inflation reached 2.8% in the eurozone in December 2011. Inflation has been above 2% for more than a year now. The European Central Bank is required to ensure that inflation never exceeds 2%. In November 2011, inflation reached 3%. Faced with a slowdown in economic growth, the European Central Bank decided last month to reduce interest rates by 0.25% to the record low of...