Inflation in Euro zone slowed down to 2.8%

Wednesday, 4 January 2012 02:58

In December 2011 annual inflation rate in year to year capture slowed to 2.8%, in line with expectations.
Eurostat reported an increase to 3% CPI in previous month.

The estimated rate for 2012 is seasonally adjusted 2% and 1.5% in 2013, according to ECB.

The couple EUR/USD was traded at 1.3043 after inflation report release.