Friday, August 14, 2009

Record Drop in CPI in Eurozone

Marketwatch details:

Consumer price inflation in the 16-nation euro zone fell at a record-low annual rate of 0.7% in July, the statistics agency Eurostat reported Friday. Eurostat had previously estimated a 0.6% annual drop in July. CPI fell at an annual pace of 0.1% in June.

Source: Europe.EU

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