Eurozone annual inflation down to 0.3%

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Euro area annual inflation is expected to decline from 0.4% in August to 0.3% in September, compared to 1% in September 2013, Eurostat released.

The decline in price levels is again largely triggered by energy prices, which dropped by 2.4%, while the prices of non-energy industrial goods remained relatively stable and the price of services increased by 1.1%.

The release contributed to a weakening of the euro, which fell below the 1.26 exchange rate to the dollar, amid expectations of further liquidity measures to be announced by the ECB.

Mona Dohle
Mona Dohle speaks German and Dutch and is DACH & Benelux Correspondent for InvestmentEurope.

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