Berlin - Consumer prices in the 16-member eurozone fell for the fifth consecutive month in October, dropping by 0.1 per cent compared with the same month last year, the European Union's (EU) statistics office Eurostat said Monday.

The Eurostat final estimate for inflation last month compared with a 0.3-per cent drop in September. The October annual rate in line with analysts' forecasts.

In particular, the fall in inflation came in the wake of a decline in energy prices over the last year.

While analysts expect inflation to bounce back into positive territory in the coming months, they also expect the euro's recent strong performance to act to keep the lid on inflationary pressures. (dpa)