Euro-zone inflation above ECB target

Note: This section contains information in English only.
Source: Marketwatch
© Scanpix/RS

The annual inflation rate in the 17 euro-zone countries remained the same in November as month before. The rate of inflation in November was 3% in compliance with forecasts but being still higher than 2% inflation rate target of ECB. Steadily higher inflation rate indicates the slowdown in the euro-zone economy caused by spreading fiscal crisis.

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