Eurostat news and archive

Eurozone: inflation rate falls to lowest level in almost five years

The inflation rate in the Eurozone has continued to fall as expected, reaching its lowest level in almost five years. In January, consumer prices rose by 1.7 percent year-over-year, according to an initial estimate released by the statistical office Eurostat in Luxembourg on Wednesday. Economists had anticipated this on average. This is the...

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Eurozone: Retail sales decline more than anticipated

Retail sales across the Eurozone fell more sharply than expected in October. Month-on-month, sales contracted by 0.5 percent, according to figures released by the European statistics agency Eurostat on Thursday in Luxembourg. Economists had forecast a decline of just 0.3 percent. In September, sales had risen by 0.5 percent. Year-on-year, retail...