(ANSA) - Brussels, January 30 - The annual rate of inflation
across the eurozone fell in January to a -0.6% compared with a
rate of 0-0.2% in December, Eurostat reported Friday. The fall
in prices was attributed to lower energy costs, which dropped by
8.9% in January, and comes as the European Central Bank is
pressing ahead with a controversial quantitative easing plan to
boost growth and inflation. The rate was last this low in the
middle of 2009, when the rate of inflation was negative for
almost half the year.
Eurozone inflation falls to -0.6%
Falling energy prices said to be main cause of drop