eurozone inflation falls to negative 01 in september
Last Updated : GMT 21:56:34
Arab Today, arab today
Arab Today, arab today

Eurozone inflation falls to negative 0.1% in September

Arab Today, arab today

Arab Today, arab today Eurozone inflation falls to negative 0.1% in September

European Central Bank
Brussels - Arab Today

Eurozone inflation fell to negative 0.1 percent in September after a gain of 0.1 percent the previous month, data showed Wednesday, suggesting a dangerous spell of falling prices could be returning.

Earlier this month, European Central Bank (ECB) head Mario Draghi warned that inflation in the 19-country eurozone could turn negative in the coming months, even if only temporarily.

The Eurostat statistics agency also said eurozone unemployment was unchanged at 11 percent in August.

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