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Eurozone prices down 0.6% in January

Slide worse than the 0.5 per cent decline expected

UNDER PRESSURE: Core inflation dipped to a new euro-era low of 0.6% in January from 0.7% for the previous three months.


EUROZONE consumer prices fell at a record-equalling pace in January, more steeply than expected and supporting the backers of the European Central Bank's money-printing plan to combat sustained deflation.

The European statistics office said in a first estimate on Friday