Inflation in the euro area fell to 0.5% in March, down from 0.7% in February and its lowest rate since November 2009.
The Eurostat estimate puts the inflation rate well below the European Central Bank target of just below 2%.
The figure is lower than the 0.6% rate expected by analysts.
The lower-than-expected rate may reinforce concerns that the 18-nation eurozone risks a damaging period of deflation.
Eurostat’s March’s figure is a “flash” or initial estimate, meaning it could be revised later.
via BBC
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