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1st Sep 2015 05:02Eurozone, Economic Monitor

Collapsing oil prices continue to weigh on inflation pressures in Eurozone. Inflation was unchanged at a minimal 0.2% year-over-year in August, largely due to an accelerated fall in energy prices, which plunged 7.1%, down from a 5.6% drop in July. Base effects will offer support for year-over-year changes in energy prices starting in Q4, but our fir st chart show downside risks loom in the short run.

eurozone inflation germany consumer oil

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Keywords for: 1 Sept. 2015 Core Inflation is Slowly Climbing Despite the Collapse in Oil Prices

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