Brussels, 31/07/2014 (Agence Europe) - Inflation fell to 0.4% in July in the eurozone from 0.5% in June, according to initial estimates published on Thursday 31 July by the EU's statistical office, Eurostat.
Inflation is growing at its slowest rate since October 2009, when inflation in the eurozone hit negative territory as prices fell by 0.1%, explained a Eurostat spokesman.
The new fall in inflation has revived fears of deflation and a vicious circle of falling prices and pay, a prospect...