Euro crisis: Core inflation hits record low – 19-nation euro area hit by ...

THE euro-area inflation rate has fallen for the first time in four years as the coronavirus pandemic takes its hold.

PUBLISHED: 10:32, Tue, Sep 1, 2020 | UPDATED: 10:33, Tue, Sep 1, 2020

The euro-area inflation rate has fallen for the first time in four years (Image: EXPRESS)

The inflation rate slumped in at -0.2 percent. The eurozone economy has experienced a strong recovery in the third quarter even though the most recent incoming data have been less robust, European Central Bank Vice President Luis de Guindos said.

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Commerzbank analyst Esther Reichelt said inflation data highlights the difference between the Fed and the ECB.

He said: "Whereas the market considers

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