Eurozone inflation nears ECB target in March

Eurozone inflation rose by 2.2% year over year in March, slightly down from February’s 2.3% and in line with forecasts. Core inflation, which excludes volatile items like energy and food, also eased to 2.4% from 2.6% in February. These figures bring inflation closer to the European Central Bank’s 2% target, potentially shaping future monetary policy decisions. With the ECB set to meet on 17 April, policymakers will assess whether the latest data justifies any shift in interest rates or other economic measures. Read the full article to explore the latest eurozone inflation insights.