Mon, 24 Feb 2014 11:31:28 GMT
Eurozone's CPI remains unchanged in January
The consumer price index in the Eurozone remained unchanged in January of the current year, staying significantly below the ECB target level of 2%. Inflation stayed at 0.8% on the annual basis, the same as a month before. Due to increasing deflationary pressure, the ECB may probably loosen the monetary policy further and provide additional stimulus, as expected by economists.