Eurozone CPI expected to be -0.1% year-on-year in March

FXStreet (Mumbai) - The data released by Eurostat, the statistical office of the European Union shows the Eurozone annual inflation is expected to be -0.1% in March 2015, up from -0.3% in February.

Services is expected to have the highest annual rate in March (1.0%, compared with 1.2% in February), followed by food, alcohol & tobacco (0.6%, compared with 0.5% in February), non-energy industrial goods (-0.1%, stable compared with February) and energy (-5.8%, compared with -7.9% in February).

The core inflation is expected to be at 0.6% year-on-year in March, down from 0.7% in February.