Sunday, February 1, 2015   

Euro zone inflation remains low
(02-24 18:16)

Official figures show the inflation rate for the 18-nation euro zone remained steady at a low 0.8 percent in January.
The data by Eurostat, the EU's statistics office, show inflation remains well below the European Central Bank's target of just below 2 percent.
The rate, which measures consumer price increase over 12 months, was the same as in December.
Low inflation in recent months has raised concerns of deflation, a sustained drop in prices that can choke off growth.
Eurostat says the annualized inflation rate for the wider 28-nation European union _ which includes members like Britain that don't use the euro _ fell to 0.9 percent from 1 percent in December.—AP
   
Other Business breaking news:
Eurozone deflation accelerates in January (01-30 18:10)
German retail sales grow for fifth year in row: data (01-30 17:32)
Spanish economy grows by 1.4 percent in 2014: stats office (01-30 17:19)
Taiwan's economy slows in fourth quarter 2014 (01-30 17:03)
European stocks rise at open (01-30 17:02)
Hang Seng ends lower (01-30 16:16)
Honda cuts full-year profit forecast (01-30 15:14)
Japan's biggest airlines project smooth annual earnings (01-30 15:13)
Nikkei finishes higher (01-30 15:01)
Japan unemployment rate down in December (01-30 12:23)

More breaking news >>

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