Eurozone deflation for the first time since crisis

Plunging energy costs have caused consumer prices in the eurozone to fall annually for the first time since 2009, official figures showed.

Eurozone deflation for the first time since crisis
Wed, 07 Jan, 2015 - 11:25

Plunging energy costs have caused consumer prices in the eurozone to fall annually for the first time since 2009, official figures showed.

It is a development that is likely to reinforce market expectations that the European Central Bank will soon provide an aggressive monetary stimulus.

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