Eurozone inflation falls to negative 0.1% in September: Eurostat

Eurozone inflation fell to negative 0.1 per cent in September after a gain of 0.1 per cent the previous month.
Eurozone inflation fell to negative 0.1 per cent in September after a gain of 0.1 per cent the previous month.PHOTO: BLOOMBERG

BRUSSELS (AFP) - Eurozone inflation fell to negative 0.1 per cent in September after a gain of 0.1 per cent the previous month, data showed Wednesday, suggesting a dangerous spell of falling prices could be returning.

Earlier this month, European Central Bank (ECB) head Mario Draghi warned that inflation in the 19-country eurozone could turn negative in the coming months, even if only temporarily.

The Eurostat statistics agency also said eurozone unemployment was unchanged at 11 percent in August.

(This story is developing)