Falling eurozone inflation raises deflation fears

  • 11 years ago
Falling prices - particularly in Germany and France -
pulled eurozone inflation to its lowest for three years in April.

The sharp drop - to 1.2 percent - was confirmed by the EU's statistics office Eurostat .

Cheaper oil was a big factor. Energy prices fell one percent in April from March in the region, that was the single biggest drop in Eurostat's index.

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http://www.euronews.net/

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