Euro-Area Inflation Slows as Draghi Tees Up QE Debate: Economy
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Euro-area inflation slowed in November to match a five-year low, prodding the European Central Bank toward expanding its unprecedented stimulus program.
Consumer prices rose 0.3 percent from a year earlier, the European Union’s statistics office in Luxembourg said today. That was in line with the median forecast of 41 economists in a Bloomberg News survey. Unemployment held at 11.5 percent in October, Eurostat said in a separate report.