Eurozone inflation falls sharply below target in March

Source: Xinhua   2017-03-31 17:58:35

BRUSSELS, March 31 (Xinhua) -- The 19-country eurozone inflation fell sharply to 1.5 percent in March, lower than the European Central Bank's target of 2.0 percent, data from the European Statistics office showed Friday.

The lower-than-expected inflation rate is largely a result of slower rise in oil prices, the agency said.

Editor: xuxin
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Eurozone inflation falls sharply below target in March

Source: Xinhua 2017-03-31 17:58:35

BRUSSELS, March 31 (Xinhua) -- The 19-country eurozone inflation fell sharply to 1.5 percent in March, lower than the European Central Bank's target of 2.0 percent, data from the European Statistics office showed Friday.

The lower-than-expected inflation rate is largely a result of slower rise in oil prices, the agency said.

[Editor: huaxia]
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