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10.04 - 11:47
Eurozone Core Inflation Hits Record High
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Core inflation in the eurozone hit a record in March, a setback for central bankers whose rapid interest-rate rises have exacerbated financial sector strains and caused pains in part of the bloc’s economy.
The fresh data increases the likelihood that the European Central Bank will raise its key rate again in May. It could also encourage other policy makers to explore alternative ways to cool prices rises, by targeting excessive profiteering by companies or inflationary wage increases.
Read more on wsj.comAbout this in other media
Eurozone Core Inflation Hits Record High wsj.com /1 year ago
Consumer Spending Growth Slowed and Core Inflation Eased in February wsj.com /1 year ago
Consumer Spending Growth Slowed and Core Inflation Eased in February wsj.com /1 year ago
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