Eurozone inflation fails to pick up in June

GMT 03:06 2014 Tuesday ,01 July

Arab Today, arab today Eurozone inflation fails to pick up in June

Eurozone inflation fails
Brussels - SPA

Annual inflation in the eurozone remained at 0.5 per cent in June, according to initial figures released Monday by the European Union's statistics office, amid fears the currency bloc could slip into deflation, dpa reported.
A 0.1-per-cent rise in energy costs and a 1.3-per-cent increase in
the cost of services was offset by falling food, alcohol and tobacco
prices, according to the estimate by Eurostat.
European Central Bank chief Mario Draghi has left the door open to
other monetary stimulus measures to boost inflation if necessary,
announcing in early June that the bank is prepared to use "unconventional instruments."


Arab Today, arab today
Arab Today, arab today
arabtoday arabtoday arabtoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabs, Arab, Arab