Eurozone inflation drops below zero as prices fall by 0.1%
by Phillip Inman Economics correspondent from on (#P0VB)
Negative inflation brought on by cheaper energy prices puts pressure on European Central Bank to boost stimulus programme
A slump in oil prices pushed eurozone inflation below zero this month, according to figures from Eurostat, the statistical office of the EU.
Prices fell across the currency bloc by 0.1% year-on-year in September, putting pressure on the European Central Bank (ECB) to beef up the a60bn a month stimulus programme begun earlier this year.
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