A waiter serves customers on the terrace of the Cafe de Paris in the French capital. Inflation in the euro area fell into negative territory in August for the first time in four years, the OECD said. Bloomberg.
A waiter serves customers on the terrace of the Cafe de Paris in the French capital. Inflation in the euro area fell into negative territory in August for the first time in four years, the OECD said. Show more

Economy

Global inflation rates remain stable in August as euro area plunges into deflation, OECD says

A decline in energy prices contributed to the first slide into negative inflation rates in Europe since May 2016

Michael Fahy
Michael Fahy

October 05, 2020