The inflation that has squeezed European shoppers fell more than expected in March to 2.4%, as cost spikes in the grocery aisle eased and overall price rises headed down in the two biggest economies, Germany and France.
The inflation that has squeezed European shoppers fell more than expected in March to 2.4%, as cost spikes in the grocery aisle eased and overall price rises headed down in the two biggest economies, Germany and France . The annual figure for the 20 countries that use the euro currency came in below the 2.5% predicted by financial markets and brings the bank's rate-setting council meets next week, but the first reduction in borrowing costs is not expected until June despite anfell to 2.
7% from 3.9%, and energy prices dropped by 1.8%, according to numbers released Wednesday by Eurostat, the European Union's statistics agency
Inflation European Shoppers Cost Spikes Grocery Aisle Price Rises Germany France Euro Currency Borrowing Costs Energy Prices Eurostat
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