If growth remains well below trend and the euro rises, the average core inflation rate will fall below 0.7% next year.

ECONOMIST: Euro-area economies

The four-week average remains in a modestly downward trend, well below the meaningful 400, 000 mark.

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Overall, in recent years, the economy appears to have been on a bumpy plateau, with an upward trend but at well below historic growth rates.

BBC: UK economy: GDP figures explained by ONS