Eurozone inflation drops to 1.9%

Inflation in the Eurozone fell below the ECB's 2 per cent target for only the second time last month according to Eurostat.

Source: Associated Press

Inflation in the euro-zone dropped to 1.9% last month - only the second time in three years it has come under the European Central Bank's 2% target.

Eurostat, the EU statistics agency, said its data suggested a continued downward trend in prices over the last two months in the 12 EU countries that use the euro as their currency.

In March, inflation

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