- Eurozone flash inflation has slipped to 0.5% on year in March from 0.7% in February and undershot forecasts of 0.6%.
- Core CPI has weakened to +0.8% from +1%.
- The slowdown in inflation is likely to strengthen concerns that the eurozone is sliding towards deflation.
- The euro drops vs the dollar and is -0.1% at $1.3743. (PR)
- ETFs: FXE, VGK, EUO, FEZ, ERO, EU, IEV, EPV, EZU, HEDJ, DRR, FEU, FEP, UPV, EUFX, ULE, ADRU, URR, FEEU, EURL, EURZ, DBEU, FIEU