Bigger drop in inflation
Source: Agencies |
January 18, 2012, Wednesday
|
Print Edition
Print Edition
CONSUMER prices in the eurozone fell more than previously expected in December, the start of a retreat from a November peak that should give the European Central Bank more room to cut interest rates as the economy heads for recession.
Inflation in the 17 countries using the euro was 2.7 percent in December annually, down from an earlier estimate of 2.8 percent for the month, Eurostat said.
Inflation in the 17 countries using the euro was 2.7 percent in December annually, down from an earlier estimate of 2.8 percent for the month, Eurostat said.
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