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Euro zone CPI falls in August

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08-31-2009, 10:50 PM

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Euro zone CPI falls in August

Eurostat has revealed that the CPI in the euro zone declined in August by an annual rate of 0.2% and followed the record 0.7% fall in July. Analysts were encouraged by the slower rate of decline in consumer prices and Nick Kounis of Fortis commented: “We think that the negative impact of energy prices is [...]

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