Inflation in the eurozone has declined for the second month in a row and is stable at its lowest level in four years, held in check by the sharp declines in global oil pricesin the recent period. According to data from Eurostat, in September the consumer price index in the eurozone declined on a monthly basis by 0.1% and by 0.3% on an annual basis, after falling inAugust by 0.2. Excluding food prices, inflation rose by 0.2% on a monthly and yearly basis. This comes at a time when the ECB is aiming to stabilise inflation by about 2% in the medium term. Meanwhile, the euro area’s trade surplus increased from€14.4billion euros to€14.7 billion, undershooting the expected€15.1 billion.