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Eurozone Inflation Drops Again

Jan 31, 2014, 15:40 IST

Repeat after me: The Eurozone's biggest problem is not about breaking up anymore. It's about turning into Japan. It's about deflation.

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Today we've got more data proving that things economic conditions remain miserable. Unemployment stayed at 12.0%.

And inflation just came in at 0.7% for January, down from 0.8% in December, and matching the lowest level measures that was previously hit in October.

Here's the summary, via Eurostat:

Eurostat

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