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Annual inflation in the euro zone has slowed substantially as energy prices fall, but food prices are still rising in double-digits while core inflation hit a new high.
Eurozone inflation eased more than expected to the lowest level in more than a year in March driven by the fall in energy prices but the core figure edged up to a new record to keep the pressure on the European Central Bank to tighten its policy further.
Eurozone inflation down to 6.9 pct in March: Eurostat-
Inflation in the 20 countries that use the euro currency have slowed to the lowest level in a year
Inflation in the eurozone slowed to the lowest level in a year in March, as energy prices dropped, but food costs were still on the rise, forcing the...