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Falling EU inflation may spark central bank moves

17.06.14 @ 09:16

  1. By EUOBSERVER

The EU's statistics agency Eurostat confirmed Monday that consumer prices keep falling in the bloc making it likely that the European Central Bank will move to stimulate the economy. Euro area annual inflation was 0.5% in May 2014, down from 0.7% in April. A year earlier the rate was 1.4%.