The eurozone had deflation in August, showing the failure of the European Central Bank to get inflation to its target as the region fights the coronavirus pandemic.
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The eurozone had deflation in August, showing the failure of the European Central Bank to get inflation to its target as the region fights the coronavirus pandemic.
Eurostat reported prices fell 0.2% year-over-year in the eurozone in August, mostly on a sharp drop in energy prices.
Outside of energy, prices rose a modest 0.7% year-over-year.
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