Eurozone falls into deflation after oil price slide

Alice Rigby
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The eurozone slid into deflationary territory in December for the first time in five years, according to preliminary figures released today.

CPI in the single currency area was -0.2% in December, prompted by a 6.3% fall in energy price inflation. The figure, which was lower than the -0.1% that had been expected by economists, represents...

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