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Flash estimate October 2013: Eurozone annual inflation down to 0.7%

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100002010000061E00000131A8C2B2EAEurozone annual inflation is expected to be 0.7% in October 2013, down from 1.1% in September, according to a flash estimate from Eurostat, the statistical office of the European Union.

Looking at the main components of eurozone inflation, food, alcohol & tobacco is expected to have the highest annual rate in October (1.9%, compared with 2.6% in September), followed by services (1.2%, compared with 1.4% in September), non-energy industrial goods (0.4%, stable compared with September) and energy (-1.7%, compared with -0.9% in September).

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