16.04.201406:17:00UTC+00Eurozone Inflation Slows To 0.5% As Estimated

Eurozone annual inflation slowed as initially estimated to a 52-month low in March, while core inflation fell more than expected, final data from Eurostat showed Wednesday.

Inflation fell to 0.5 percent from 0.7 percent in February. The latest figure is the lowest since November 2009.

Inflation has been staying below the European Central Bank's target of 'below, but close to 2 percent' for the fourteenth consecutive month.

At the same time, core inflation that excludes energy, food, alcohol and tobacco, eased to revised 0.7 percent from 1 percent. The rate for March was revised down from 0.8 percent.