Euro-Area Inflation Ticks Up to 1.4%
- Consumer prices rise annual 1.4 percent, most since late 2017
- Unemployment rate drops to 8.5 percent, lowest in nine years
Handwritten euro price signs hang above a display of fruit on a market vendor's stall at an indoor market in Rome.
Photographer: Alessia Pierdomenico/BloombergThis article is for subscribers only.
Euro-area inflation accelerated last month, buttressing the arguments of policy makers keen to phase out unprecedented stimulus.
The inflation rate rose to 1.4 percent in March, the highest level since the end of last year. The reading is in line with the median estimate in a Bloomberg survey and up from 1.1 percent in February. The core rate remained unchanged.