Home Business News Eurostat announces Eurozone inflation drop to 1.6 per cent

Eurostat announces Eurozone inflation drop to 1.6 per cent

by LLB Reporter
17th Jan 19 12:29 pm

The EU’s statistical office, Eurostat has announced today that Eurozone annual inflation has dropped to its lowest in eight months from 1.9% in November to 1.6%.

Emanuele Canegrati BP prime analyst said, “Eurozone CPI was unexpectedly steady, this could make the European Central Bank’s monetary stance more hawkish and convince Frankfurt to hike rates in the summer, in a ‘now or never’ decision.”

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