Published on Jan 17, 2012 by
Euronews
http://www.euronews.net/ Inflation in the eurozone fell more than previously expected in December.
Consumer prices in the 17 countries sharing the euro rose 2.7 percent compared with the same month a year earlier.
Not including volatile energy costs, inflation was 1.9 percent, and stripping out food and fuel it was 1.6 percent.
That should give the European Central Bank more room to cut interest rates as the region's economy heads for recession.
Consumer prices in the 17 countries sharing the euro rose 2.7 percent compared with the same month a year earlier.
Not including volatile energy costs, inflation was 1.9 percent, and stripping out food and fuel it was 1.6 percent.
That should give the European Central Bank more room to cut interest rates as the region's economy heads for recession.
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