LONDON | Eurozone inflation eases as oil prices slump

STL.News



LONDON — The recent fall in oil prices has pushed down inflation across the 19-country eurozone, official figures showed Friday in a development that makes it even less likely that the European Central Bank will start raising interest rates anytime soon.

Eurostat, the European Union’s statistics office, says consumer prices rose 2 percent in the year to November, down from 2.2 percent the previous month.

The main reason behind the fall appears to be a waning boost from energy prices.

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