(ANSA) - Brussels, January 30 - The annual rate of inflation
across the eurozone fell in January to -0.6% compared with a
rate of -0.
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 among the 19 States in the eurozone was last this
low in the middle of 2009, when the rate of inflation was
negative for almost half the year.
A spokesman for the European Commission said that the fall
compared with a rate of 0.2% one year earlier cannot be
considered "outright deflation".
Eurozone inflation plunges to -0.6%, lowest since '09-update
Falling energy prices said to be main cause of drop