Inflation down to 0.7%
The annual rate of inflation across the 17-country eurozone fell to 0.7 percent in October, its lowest for four years, the EU’s data agency Eurostat estimated yesterday.
The rate fell from 1.1 percent in September, just below the 1.2 percent announced a day earlier in the eurozone’s top economy of Germany and Spanish data which indicated a drop into deflationary territory there.
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