Eurozone inflation lower than expected, as energy costs drop – DW – 03/31/2023
Inflation in the Eurozone slowed sharply to 6.9% in an unexpected turnaround after months of steady increases.
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Inflation in the Eurozone slowed sharply to 6.9% in an unexpected turnaround after months of steady increases.
Consumer prices rise 6.9% in March, down from 8.5% in February
Inflation in the 20 countries that use the euro currency slowed to the lowest level in a year as energy prices dropped, but food costs were still on the rise, keeping pressure on the European Central Bank to hike interest rates further.
Prices rose 6.9 per cent in the year through March for the 20 countries that use the euro, down from an 8.5 per cent annual pace in February.
International, MNA | The Eurozone yearly inflation rate continued to drop in March, reaching 6.9 percent compared to 8.5 percent in February, according to a flash estimate published Friday by Eurostat, the European statistical service.