Thursday, July 31, 2014   

Euro zone December prices ease
(01-07 18:17)

Euro zone inflation slipped to 0.8 percent in December from 0.9 percent in November, official figures show.
In December 2012, inflation in the 17-member euro zone ran at 2.2 percent but it fell steadily, hitting a four-year low of 0.7 percent in October against a background of concern that deflation was on the prowl.
The Eurostat statistics agency said the largest gains in December prices were in food, alcoholic drinks and tobacco which increased by 1.8 percent after an increase of 1.6 percent in November.
Energy prices were flat after falling 1.1 percent in November while services were up 1 percent compared with 1.4 percent.—AFP

   
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