Will the EU experience deflation in any month in 2024?
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Deflation is a year-on-year decrease of prices. The ECB targets an inflation of 2% in the EU. In December 2023, EuroStat reports (prc_hicp_manr) an inflation rate of 3.4%.
Resolves YES immediately if the prc_hicp_manr is below 0.0% for any month of 2024.
Resolves NO if the prc_hicp_manr is 0.0% or higher in all months of 2024.
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