Euro area inflation increased by 1.4 percent in March

Euro area inflation increased by 1.4 percent in March from the 14-month nadir of February in line with the expectations – according to Eurostat’s report published on Wednesday

In line with the market expectations, the consumer price index increased by 1.4 percent on an annual basis in the euro area in March after the 1.1 percent annual growth in February – according to the preliminary data of Eurostat, the European Union’s statistical office. (MTI)