Eurozone Inflation Eases In March As Tariff Threat Looms
Inflation in the eurozone slowed further in March, official data showed on Tuesday, indicating possible breathing room for policymakers despite the threat of turbulence from US trade tariffs.
Inflation in the single currency area reached 2.2 percent, calmed by an easing of energy tariffs and prices in the services sector, the EU's Eurostat statistics agency said.
That was down slightly from the 2.3 percent figure for February, bringing the rate close to the European Central Bank's two-percent target.
Inflation has gradually eased since a peak in October 2022 following Russia's invasion of Ukraine, which sent energy prices soaring.
The European Central Bank has pivoted from hiking interest rates to........
© International Business Times
