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Evening Standard

Business

Simon Hunt

Eurozone inflation down more than expected but further interest rate rises ahead

Inflation ING eurozone European Central Bank ECB Refinitiv

Euro coins
(Picture: PA Archive)

Eurozone inflation fell more than expected, figures released today show, as energy prices came off their mid-2022 peaks.

Consumer price growth slowed from 10.1% in November to 9.2% in December, significantly lower than market expectations of 9.7%, according to a poll by news agency Reuters.

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