Eurozone Inflation Improved: Why Did ECB Remain Dovish?
On a year-over-year basis, the Eurozone Inflation (VGK) (IEV) Index stood at 1.3% in March as compared to 1.1% in February 2018, according to data provided by Eurostat. The final reading came in under the preliminary reading of a 1.4% rise. After a gradual fall in the inflation index over the last three months, the index recovered marginally in March 2018.