PARIS: French inflation eased below 3% for the first time in 2½ years and Italy reported a lower-than-expected reading, confirming a trend that has tipped the European Central Bank (ECB) toward cutting interest rates.
Consumer prices in France, the euro zone’s second-largest economy, rose 2.4% from a year earlier in March after a 3.2% gain the previous month, according to statistics agency Insee.
Already a subscriber? Log in
Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.
Cancel anytime. Ad-free. Unlimited access with perks.
