The eurozone slid into deflationary territory in December for the first time in five years, according to preliminary figures released today.
UK unemployment fell by 63,000 to 1.96 million in the three months to October, while wage growth picked up, according to the Office for National Statistics (ONS).
UK CPI inflation rose to at an annual rate of 1.3% in October, according to ONS figures released today.
UK CPI inflation has fallen to its lowest level in five years, undershooting estimates as the impact of falling petrol prices dragged the headline level down near to 1%.
UK consumer price inflation assumed its downwards trajectory once more in July following a sharp spike the previous month.