European Central Bank (ECB) president Mario Draghi arrives for a news conference after a meeting of the ECB Governing Council in St Julian's, outside Valletta, Malta, October 22, 2015. REUTERS/Darrin Zammit Lupi
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Survey data released Friday should be welcomed by the European Central Bank, coming more than six months after it embarked on a trillion-euro quantitative easing program to try to boost growth in the bloc.Consumer prices fell in the eurozone in September, coming in at minus 0.1 percent.Inflation is seen staying barely above zero this year and still missing the bank's target for the next two years, an ECB survey showed Friday.A factory output index, which feeds into the composite PMI, dipped to 53.3 from 53.4 but manufacturers appeared to benefit from a weaker euro – it has weakened by 7 percent this year – as the new export orders index rose to a four-month high of 52.6 .
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