By Jonathan Davies

The rate of inflation in the eurozone slowed to 0.3% in September, down from 0.4% in August.

Slowing inflation in the 18-member bloc was driven by a slowdown in the growth of services and an increased pace of falling energy prices.

The eurozone statistics agency, eurostat, also released figures on unemployment in the area. The rate of unemployment remained steady at 11.5% in September.

Greece and Spain still have the highest rates of unemployment at 27% and 24% respectively, while Austria and Germany have the lowest.

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