Deflation has arrived in Germany: Inflation rate falls to -0.5 per cent in January

first_img Share More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comWhy people are finding dryer sheets in their mailboxesnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org whatsapp whatsapp Germany has slipped into deflation for the first time since the global financial crisis, supporting the European Central bank’s recent decision to unleash its biggest “bazooka” on the ailing Eurozone.Consumer prices fell -0.5 per cent on an annual basis in January, according to flash estimates from Germany’s statistics office. This meant they had fallen to the lowest level since July 2009. This shows that, despite its sunnier outlook, even the Eurozone’s “star economy” is enable to inoculate itself against the spectre of prolong deflation which is currently haunting the single-currency bloc.The Eurozone slipped into deflation at the end of last year, with the headline inflation rate falling -0.2 per cent at the end of last year, and it’s expected to have slid even further when January’s figure comes out tomorrow.Earlier this month the European Central Bank (ECB) unveiled a €1.1tn (£840bn) quantitative easing package, designed to ward-off deflation and kick-start growth in the Eurozone. Jessica Morris Show Comments ▼center_img Thursday 29 January 2015 8:43 am by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comBeverly Hills MDPlastic Surgeon Explains: “Doing This Every Morning Can Snap Back Sagging Skin” (No Creams Needed)Beverly Hills MDEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyUltimate Pet Nutrition Nutra Thrive SupplementIf Your Dog Eats Grass (Do This Every Day)Ultimate Pet Nutrition Nutra Thrive SupplementPast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past Factory Deflation has arrived in Germany: Inflation rate falls to -0.5 per cent in January Tags: Eurozone inflationlast_img

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