Published on Jan 4, 2013
http://www.euronews.com/ Christmas holiday spending nudged up prices in the eurozone in December.
The cost of living in the 17 countries sharing the euro had been forecast to fall slightly, but instead it rose more than expected and was up 2.2 percent from a year earlier, the same as in November.
However inflation remains benign enough to allow the European Central Bank to cut interest rates this year, to support the region's feeble economy.
....The cost of living in the 17 countries sharing the euro had been forecast to fall slightly, but instead it rose more than expected and was up 2.2 percent from a year earlier, the same as in November.
However inflation remains benign enough to allow the European Central Bank to cut interest rates this year, to support the region's feeble economy.
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