30.8 C
New York
June 19, 2024
Business Cost of living crisis Economics europe European Central Bank European Union Eurozone Inflation news

Eurozone inflation falls sharply as energy prices drop

Annual rate down to 6.9% this month, with signs of cost of living pressures easing

The eurozone’s annual inflation rate fell sharply in March as plunging energy prices eased pressure on the cost of living across the 20 countries that use the single currency.

Amid signs that upward pressure on prices is easing, the EU’s statistical agency Eurostat said the headline inflation rate dropped from 8.5% in February to 6.9% this month.

Continue reading…

Related posts

Argentinian ex-officer who was charged over 23 murders dies in Berlin

TheWorldsNews

Russia-Ukraine war live: Ukraine makes advances in south and east, top general says; Putin greets crowds in rare walkabout

TheWorldsNews

‘Anti-European’ populists on track for big gains in EU elections, says report

TheWorldsNews

Pin It on Pinterest

Share This