Eurozone inflation fell to 2 per cent in December, hitting the European Central Bank’s target for the first time since the summer and strengthening the case for interest rates to remain on hold.
The figure was in line with the forecast of economists polled by Reuters and below the 2.1 per cent recorded the previous month.
In December, the ECB held its benchmark interest rate at 2 per cent for the fourth meeting in a row.
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