Annual inflation in the eurozone edged down closer to zero in November, increasing pressure on the European Central Bank to boost the struggling economy and head off the threat of deflation. According to dpa, consumer prices slowed to 0.3 per cent this month from 0.4 per cent in October as falling oil prices and weak demand in the eurozone undercut inflationary pressures. The decline was in line with analyst forecasts. The drop in November pushed prices further away from the ECB's target of an annual inflation rate just below 2 per cent.
