Euro-zone inflation rate goes negative for second straight month in July

September 30th, 2009 Euro inflation sinks to minus 0.3 pctBRUSSELS — Yearly inflation in the 16 nations that use the euro slipped deeper into negative territory in September, sliding to minus 0.3 percent from minus 0.2 percent in August, according to the EU statistics agency Eurostat. Eurozone inflation has fallen for four straight months as energy costs plunged from record highs in July 2008.

September 17th, 2009 Canada's inflation rate below zeroTORONTO — Canada's annual inflation rate remained firmly in negative territory in August for the third consecutive month as the relatively low cost of gasoline and energy continued to drag the index down. Statistics Canada said Thursday the annual rate of inflation was a negative 0.8 percent last month.

September 2nd, 2009 European Central Bank to hold rates steadyFRANKFURT — Signs of nascent economic recovery in the euro zone mean the European Central Bank could lift key portions of its outlook when its governing council meets Thursday — although it is almost certain to leave interest rates unchanged. The bank's key refinancing rate has stood at 1 percent — a record low — since May as the bank moved to get cash flowing among European banks and help them during the world financial crisis.

August 31st, 2009 Euro zone prices fall again in AugustBRUSSELS — Euro zone prices fell more slowly in August from a year ago, a sign that the worst of the economic downturn may be over, the EU statistics agency Eurostat said Monday. Inflation in the 16 countries that use the euro stayed negative for the third consecutive month in August as prices shrank 0.2 percent, far less than an 0.7 percent drop in July.

August 14th, 2009 Euro area prices fell 0.7 pct in year to JulyLONDON — Prices in the 16 countries that use the euro fell on an annual basis for the second straight month in July and by more than previously anticipated, official figures showed Friday. The European Union's statistics office Eurostat said consumer prices in the euro zone fell by 0.7 percent in July from the previous year, 0.1 percentage point more than it had previously estimated and ahead of June's 0.1 percent fall.

July 31st, 2009 Euro-zone prices fall as unemployment risesBRUSSELS — Falling prices and rising unemployment in the 16 nations that use the euro show an economy still mired in recession despite recent green shoots of recovery, according to EU statistics published Friday. Euro-zone consumer prices fell for a second month in July as the June jobless rate rose to a 10-year high to 9.4 percent, the EU statistics agency Eurostat said.

July 23rd, 2009 NEW DELHI - India's annual rate of inflation rose marginally to minus 1.17 percent for the week ended July 11 from minus 1.21 percent the week before, according to official data released here Thursday. India's annual rate of inflation turned negative for the week ended June 6 for the first time since the new wholesale price index (WPI) series started in 1995.

July 23rd, 2009 NEW DELHI - The rate of inflation has increased to -1.17 percent for the week ended July 11 against the -1.21percent in the previous week. India's annual rate of inflation turned negative for the week ended June 6 for the first time since the new wholesale price index (WPI) series started in 1995.

July 16th, 2009 NEW DELHI - India's annual rate of inflation rose marginally to minus 1.21 percent for the week ended July 4, from minus 1.55 percent the week before, according to official data released here Thursday. India's annual rate of inflation turned negative for the week ended June 6 for the first time since the new wholesale price index (WPI) series started in 1995.

July 15th, 2009 EU: plunging oil price behind June disinflationBRUSSELS — Plunging oil prices sent euro-zone inflation negative in June, the EU statistics agency Eurostat said Wednesday. It confirmed a June 30 estimate that the 16 nations that use the euro saw prices contract 0.1 percent in the year to June — the first month the region has experienced disinflation since the euro launched in 1999.

July 2nd, 2009 NEW DELHI - India's annual rate of inflation fell to minus 1.30 percent for the week ended June 20, according to official data released here Thursday. The rate of inflation for the week ended June 13 was at minus 1.14 percent.

June 30th, 2009 Euro-zone sees falling prices in JuneBRUSSELS — Euro-zone nations saw consumer prices fall 0.1 percent in the year to June, the first negative inflation rate in at least a decade, the EU statistics agency said Tuesday. Eurostat's preliminary estimate, to be confirmed and explained on July 15, was the first negative rate since the euro single currency was launched in 1999.

June 25th, 2009 NEW DELHI - India's annual rate of inflation rose 0.6 percent for the week ended June 13, official data released here Thursday. The rate of inflation for the week stood at minus 1.14 percent as against minus 1.61 percent for the week ended June 6.

June 18th, 2009 MUMBAI - For the first time since the new wholesale price index (WPI) series started in 1995, India's annual rate of inflation turned negative, falling to minus 1.61 percent for the week ended June 6, official data showed Thursday. The inflation rate, which was 0.13 percent in the previous week, had last turned negative in 1977.

April 30th, 2009 Euro jobless rate surges, inflation stableBRUSSELS — The jobless rate in the 16 nations that use the euro surged to 8.9 percent in March, the highest level in nearly five years, the EU statistics office said Thursday. Unemployment is rising steeply despite recently higher business and consumer optimism about their recession-hit economy.