Euro Zone Inflation 2008 - Q1 2014

This graph by the Wall Street Journal shows inflation in the Euro Zone from 2007 until the most recent data. Since 2012 a downward trend has started. With Spanish inflation even becoming negative, the inflation rate in the Euro Zone is nearing it's lowest rate since 2010. Will the ECB act to get inflation closer to it's target of just below 2 percent?

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