Eurozone inflation continued to fall

Core inflation, which filters out fluctuations in energy and food prices, decreased to 2.9 percent in March, compared to the 3.1 percent increase in February. It was also lower than analysts’ expectations of 3 percent.

In the euro area, however, the accelerating rise in consumer prices can already be felt on a monthly basis. In March, prices exceeded the February level by 0.8 percent, while core inflation increased to 1.1 percent from 0.7 percent in the previous month.