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Prices flatten out as Eurozone deflation takes a pause

2015-05-19 7 Dailymotion

Falling Eurozone prices took a break in April, ending four months of decline, while in the UK inflation tuned negative for the first time since 1960.<br /><br /> Eurostat says April was good for prices in restaurants and cafes, rents and vegetables. They all saw prices increase and had the biggest upward impact on the overall year-on-year inflation value, while cheaper gas, heating oil and automotive fuel pulled the index down.<br /><br /> The ECB does not expect inflation to return until the end of this year, or hit its target of 2% until near the end of 2016.

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