The eurozone headquarters in Frankfurt
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Eurozone economy slips into deflation

Inflation in the eurozone has turned negative, official figures have shown, with prices in December 0.2% lower than the same month a year earlier.

The tip into deflation adds pressure on the European Central Bank (ECB) to take further action to stimulate the bloc's economy.

It is the first time the eurozone has experienced deflation since the depths of the financial crisis in 2009.

Tom Burridge reports.

  • 07 Jan 2015
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