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Sunday, 26 January 2014 - 7:14
Eurozone inflation 'way below target'
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The head of the International Monetary Fund has warned that deflation remains a real risk to economic recovery in the eurozone.

Despite signs of recovery across the world, Christine Lagarde said that potential risks must not be ignored.

One of these was the fact that eurozone inflation, at 0.8%, remained "way below" the 2% target set by the European Central Bank.

She was speaking on the final day of the World Economic Forum, in Davos.
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