Eurozone inflation has fallen deeper into negative territory, according to official data on Friday that suggested risks of deflation remain in spite of the region’s improved growth prospects.
Consumer prices in the 16-country zone were 0.6 per cent lower in July than a year before, according to Eurostat, the European Union’s statistical office. In June, the annual inflation rate was minus 0.1 per cent, which was already the lowest since comparable records began in 1991.
