Find a page

Euro zone inflation slows to 0.3%
28 Nov 2014 12:12
Annual inflation in the euro zone cooled to 0.3% in November, the EU's statistics office Eurostat said today.
-
Consumer prices were pulled down by falling energy prices and suggesting deflation remains a real threat for the European Central Bank.
-
The reading was as expected by economists polled by Reuters and followed Germany's inflation reading this week that fell to its lowest level in nearly five years.
-
The November euro zone figure compared to 0.4% in October.
-
Inflation has not been at the ECB's target level of close to 2% since the start of 2013 and has been falling since a 3% peak in late 2011.
-
The ECB considers anything below 1% to be in its deflation "danger zone".
-
Today's figures show that energy prices fell 2.5% from October and by 1.1% on an annual basis.
-
Core inflation, stripping out volatile energy and food prices, was 0.7%, unchanged from October but still on a downward trend.
-

Where can I get RTÉ Aertel Digital?

RTÉ Aertel Digital is an enhanced digital version of the RTÉ Aertel teletext service. It functions in the same way as the analogue service, offering current news, sport and weather updates but is now more agile and easier to use.

RTÉ Aertel Digital is available on Saorview, the new free digital TV service in Ireland.
Press TEXT button on your remote to launch Aertel from RTÉ One, RTÉ Two, RTÉ News Now.