Roundup: Eurozone inflation further cools in March


  • World
  • Thursday, 04 Apr 2024

BRUSSELS, April 3 (Xinhua) -- The Eurozone saw its annual rate of inflation drop more than expected in March, marking a third consecutive month of decline, sparking optimism for a potential European Central Bank (ECB) interest rate cut in June.

Annual inflation in the Eurozone is expected to drop to 2.4 percent in March, down from 2.6 percent in February, according to a preliminary estimate released by Eurostat, the statistical office of the European Union, on Wednesday.

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