URGENT ¥¥¥ Inflation eases to ECB 2.0% target in January: Eurostat

Eurozone inflation fell back towards the European Central Bank's medium-term target in January, easing to 2.0 percent, EU data confirmed on Thursday.

The drop, from 2.2 percent in December, takes the measure of annual price rises to its lowest level since November 2010, when inflation stood at 1.9 percent, the Eurostat statistics agency said.