Inflation in the euro zone fell in March to 1.4 percent on an annual basis, from 1.5 percent in February. The European statistics agency Eurostat reported this on the basis of a definitive figure.
The figure corresponds to a provisional estimate. Core inflation, excluding the impact of the sharply fluctuating prices for energy and food and drink, amounted to 0.8 percent. That was 1 percent a month earlier.
Inflation in the entire European Union was 1.6 percent last month, just like in February.
Maurice Esma, a co-founder of EconomicInform is a freelance journalist with the expertise in international finance and corporate rights. The author can be reached by email [email protected]