Economics
Euro-Area Inflation Revised Lower as ECB Debates Policy Move
- Prices rose annual 1.3% in March, versus 1.4% flash estimate
- Officials are debating how, when to wind down stimulus
Capital Economics' McKeown Says Softness in Data Will Prevent ECB From Making Any Bold Moves
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Euro-area inflation accelerated less than initially estimated last month, a setback for European Central Bank policy makers as they consider winding down unprecedented stimulus.
Consumer prices in the 19-country bloc rose just 1.3 percent in March from a year earlier, according the European Union’s statistical office. While that’s up from 1.1 percent the previous month, the reading falls short of a 1.4 percent initial estimate.