Eurozone consumer prices decreased for the second straight month in March, flash data from Eurostat showed Thursday.
Consumer prices fell 0.1 percent in March from a year ago following a 0.2 percent drop in February. The annual decline matched economists’ expectations.
Headline inflation has been below the European Central Bank’s target of ‘below, but close to 2 percent’ since early 2013.
The core HICP that excludes fresh food and energy prices, accelerated more-than-expected to 1 percent from 0.8 percent a month ago. Prices were expected to gain 0.9 percent in March.
The material has been provided by InstaForex Company – www.instaforex.com