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Euro zone inflation slowdown confirmed in April

Reuters  |  BRUSSELS 

BRUSSELS (Reuters) - Euro zone inflation slowed in April, European statistics agency Eurostat said on Wednesday, confirming an earlier flash estimate and adding to the headache of European Central Bank policy makers seeking to phase out a monetary stimulus package.Inflation in the 19 countries sharing the euro currency was 1.2 percent in April compared to last year, for a 0.3 percent monthly rise.ECB policy makers are debating whether to end a 2.55 trillion euro ($3 trillion) bond-purchasing scheme, which was set up more than three years ago to push inflation back towards a target of close to ...

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First Published: Wed, May 16 2018. 16:20 IST