login
login

Europe Daily Bulletin No. 10991

8 January 2014
ECONOMY - FINANCE / (ae) economy
Inflation falls to 0.8% in eurozone

Brussels, 07/01/2014 (Agence Europe) - Inflation in the eurozone fell to 0.8% in December, according to initial estimates issued by the European statistical office, Eurostat, on Tuesday 7 January, reviving fears of deflation in the single currency area.

Price rose slightly in November to 0.9% after falling to the lowest level in nearly four years, 0.7%, in October. In December 2012, eurozone inflation stood at 2.2%.

The December level is well below the European Central Bank's target of...