Eurozone deflation fears grow

Eurozone inflation has fallen deeper into negative territory, according to official data published on 31 July 2009 that suggested risks of deflation remain in spite of the region’s improved growth prospects.

Eurostat: Press Release: STAT/09/111: Flash estimate - July 2009. Euro area inflation estimated at -0.6% http://europa.eu/rapid/pressReleasesAction.do?reference=STAT/09/111&format=HTML&aged=0&language=EN&guiLanguage=en

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