Eurozone still in deflation in March

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Deflation eases compared to February

Brussels, March 31 - Consumer prices in the eurozone fell in March but the rate of deflation eased compared to February, data from Eurostat showed on Thursday.

The annualised inflation rate stood at -0.1% in March compared to -0.2% in February, according to Eurostat's flash estimate.Prices in the services sector rose 1.3% in March compared to 0.9% in February, while prices of food, alcohol and tobacco rose by 0.7% in March compared to 0.6% in February.Energy prices weighed, falling 8.7% in March compared to -8.1 % in February.

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