euro area inflation

Some Facts about Recent Euro Area Inflation

March 31, 2014

The twelve-month rate of total consumer price inflation fell to 0.5% in March 2014 from 1.7% in March 2013 and 2.7% in March 2012.  It would hit zero as soon as August or September if that pace of decline were sustained in linear fashion. Disinflation during the past year had broadly based sources.  39.4% of […] More