Inflation is back in Europe, where it was six months - Eurostat context.

Great Depression - 80 years Growth in consumer prices in 16 countries in the euro zone in November 2009 amounted to 0,6% in annual terms, for the first time since April of this year showing an increase, according to published on Monday an initial assessment of European statistical agency Eurostat. Thus in October, experts from Eurostat, on the contrary, deflation has been recorded in 0,1%. Thus, promulgated on Monday confirmed the statistics of the predictions president of the European Central Bank (ECB) Jean-Claude Trichet, said earlier that inflation in the euro area may resume soon on the background of a gradual economic recovery in Europe. Consumer prices showed a continuous decline since April 2009, under pressure from deflationary forces, including the general decline in consumer demand that is occurring in Europe in connection with the negative impact of the global economic crisis.