{"id":4186,"date":"2015-01-07T07:41:10","date_gmt":"2015-01-07T12:41:10","guid":{"rendered":"http:\/\/olduvai.ca\/?p=4186"},"modified":"2015-01-07T07:41:10","modified_gmt":"2015-01-07T12:41:10","slug":"eurozone-economy-enters-deflation","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=4186","title":{"rendered":"Eurozone economy enters deflation"},"content":{"rendered":"<h4 class=\"article-title\"><a href=\"http:\/\/www.europeanvoice.com\/article\/eurozone-economy-enters-deflation\/\" target=\"_blank\">Eurozone economy enters deflation<\/a><\/h4>\n<p>In spite of all the warnings and the predictions to the contrary, the eurozone\u00a0economy slipped into deflation in December, according to estimates published by Eurostat today (7 January).<\/p>\n<p>It estimated that inflation in the eurozone in December was -0.2%, dragged down in particular by falling oil prices. Energy costs fell by 6.3% in December.<\/p>\n<p>The reading will put further pressure on the European Central Bank (ECB) to launch fresh monetary\u00a0measures and in particular a programme of quantitative easing. Its next decision-taking meeting is\u00a0scheduled for 22 January.<\/p>\n<p>Under such\u00a0a programme, trialled successfully by the\u00a0central banks of the United States, Japan and the United Kingdom over the last few years,\u00a0the ECB would buy up government bonds,\u00a0injecting money into the eurozone economy with the aim of pushing up growth and inflation.<\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Eurozone economy enters deflation In spite of all the warnings and the predictions to the contrary, the eurozone\u00a0economy slipped into deflation in December, according to estimates published by Eurostat today (7 January). It estimated that inflation in the eurozone in December was -0.2%, dragged down in particular by falling oil prices. Energy costs fell by [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[202,233,282,285],"class_list":["post-4186","post","type-post","status-publish","format-standard","hentry","category-economics","tag-deflation","tag-ecb","tag-european-central-bank","tag-eurozone"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/4186","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4186"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/4186\/revisions"}],"predecessor-version":[{"id":4187,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/4186\/revisions\/4187"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4186"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4186"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4186"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}