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Eurozone inflation near five-year low

Eurozone inflation slipped again in September, with prices rising at their slowest rate in nearly five years.

Eurozone business growth cooled again in September, with activity expanding at its slowest pace since December, a closely-watched survey indicates.

The eurozone inflation rate held steady at 0.4% in August, slightly higher than the original estimate of 0.3%, revised Eurostat figures show.

The European Central Bank lowers its benchmark interest rate to 0.05% as it looks to kick-start the flagging eurozone economy.

The eurozone's economic recovery slowed in August as output fell in France and Italy, a survey suggests.

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