Lowest inflation figure in a year

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Lower energy prices push down inflation in the eurozone more than expected. Inflation in the 20 euro countries fell unexpectedly to 6.9 percent in March, from 8.5 percent in February, according to preliminary figures from the statistics agency Eurostat. Among the euro countries, inflation is also falling in the Baltic countries, which have been worst hit by the euro countries in the wave of inflation that has washed over Europe and the USA for just over a year. And in some places, inflation is now down to 3 percent. In Germany, the eurozone’s largest economy, inflation fell from 9.3 percent in February to 7.8 percent in March. In Sweden, inflation was measured at 12 percent in February. The first calculation of March inflation from Statistics Norway (SCB) will come on 14 April.

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