Monday, September 30, 2013

Euro Area September Inflation Retreats To 1.1%

Euro area consumer price index recorded an annual inflation of 1.1% in September, taking a step backward of the ECB's target. The report showed that CPI for the year ended September retreated to 1.1% from a prior of 1.3%, lower than analysts' forecast of 1.1%. Core CPI, which excludes volatile



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