Euro area inflation drops to 0.7% in October, negative to -0.6% in Cyprus. Euroarea annual Growth at 1.1%

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Euro area annual inflation is expected to be 0.7% in October 2019, down from 0.8% in September according to a flash estimate from Eurostat, the statistical office of the European Union.Looking at the main components of euro area inflation, services is expected to have the highest annual rate in October (1.6%, compared with 1.5% in September), followed by food, alcohol & tobacco (1.6%, stable compared with September), non-energy industrial goods (0.3%, compared with 0.2% in September) and energy (-3.2%, compared …

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