Euro area: Industry price recovers slightly in March

Slight upturn in inflation in the Euro Zone. In March, producer prices have marked a rise of 0.3% compared to 0.7% reported not revised the previous month. The figure, announced by the European Union statistics (Eurostat), is better than the estimates of analysts who had expected a 0.1% decline. On an annual basis there was instead a decrease of 4.2%, as in the previous month.

Also for the entire European Union (EU28) prices rose by 0.4% on a cyclical basis after -0.6% in the previous month while on an annual basis, there was a contraction of 4.1% (-4 , 2% the previous data).

To confirm the current phase of low prices, and well below the target of 2% set by the European Central Bank, statistics on consumer prices spread last week.