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Euro Area Ends Flirt With Deflation as ECB Pumps Billions in QE

Prices stagnated in April from a year earlier after falling 0.1 percent in March, the European Union’s statistics office in Luxembourg said Thursday. The inflation reading was in line with the median estimate in a Bloomberg survey. Unemployment held at 11.3 percent in March.

Prices stagnated in April from a year earlier after falling 0.1 percent in March, the European Union’s statistics office in Luxembourg said Thursday. The inflation reading was in line with the median estimate in a Bloomberg survey. Unemployment held at 11.3 percent in March.

Photographer: Krisztian Bocsi/Bloomberg
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Euro-area consumer prices ended a four-month streak of declines after the European Central Bank started pumping billions of euros into the bloc’s economy through its quantitative-easing program.

Prices stagnated in April from a year earlier after falling 0.1 percent in March, the European Union’s statistics office in Luxembourg said Thursday. The inflation reading was in line with the median estimate in a Bloomberg survey. Unemployment held at 11.3 percent in March.