Eurozone inflation lower than expected in Sept October 16, 2012 - 14:18 AMT PanARMENIAN.Net - Inflation in the 17-country eurozone was lower than previously expected in September. According to The Associated Press, Eurostat, the EU's statistics office, said Tuesday, Oct 16, that prices were 2.6 percent higher in September than the year before, down from its previous estimate of 2.7 percent. That means that inflation was unchanged from the August rate. Still, inflation continues to run higher than the European Central Bank's target of "close to, but below" 2 percent. Partly because inflation remains above-target, few analysts think the ECB will cut its main interest rate from the current record low of 0.75 percent at its next policy meeting in early November. Partner news  Top stories “It’s a pity that instead of operating flights, airplanes with Armenian flags stand idle under the sun,” Ghazaryan said. The issue was discussed by Gazprom chief Alexey Miller and Armenian Minister of Energy and Natural Resources Armen Movsisyan. On Feb 23, 2012, Yerevan Jur CJSC issued application for decreasing water prices from current AMD 174,059 to AMD 166,044 per cubic meter. Finance Minister David Sargsyan met with the regional director of KfW German Development Bank Lars Oermann.   Partner news |  Latest news Ryan Gosling crime drama “Only God Forgives” wins Sydney Film Prize  The violent film, which also stars Kristin Scott Thomas, has divided critics since its debut at the Cannes Film Festival last month.200,000 Brazilians take to streets in protest march A swelling wave of protest tapped into widespread anger at poor public services, police violence and government corruption.David Thewlis joins Edgar Allen Poe story-based “Eliza Graves” The thriller follows a young doctor who comes to apprentice at a mental institution and meets a beautiful patient that he falls in love with.Lionsgate nabs screen rights to “Devil In The Grove” Pulitzer winner Adam Cooper & Bill Collage, whose Moses script Exodus will be the next film that Ridley Scott will direct, will write the script. |
