Euro zone inflation posts record drop but core prices accelerate

FRANKFURT  – Inflation in the euro zone dropped by the most on record in March but growth in core prices accelerated, Eurostat data showed on Friday, likely strengthening the case for more interest rate hikes by the European Central Bank. Consumer prices rose by 6.9 percent in March after an 8.5 percent increase in February, implying … Continue reading Euro zone inflation posts record drop but core prices accelerate