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Eurozone inflation falls for first time in 17 months, down to 10%

Brussels: The eurozone annual inflation rate fell to 10 percent in November compared to 10.6 percent the month before, the first fall in 17 months, the EU statistics agency said Wednesday.

Boosted by soaring energy and food bills triggered by Russia’s war in Ukraine, the rate of price increases had hit a new historic record every month since November 21.

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