, their slowest pace since July 2021, a Eurostat flash reading showed, a time when the ECB was still worried about inflation getting stuck below its 2% target.
But a measure of inflation that excludes energy, food, alcohol and tobacco also declined - to 4.2%, the lowest level since July 2022, from 4.5%. It is a painful one too, with gross domestic product in the 20 countries that share the euro expected to continue contracting in the final quarter.
Source: Financial Digest (financialdigest.net)
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