EZ headline inflation falls, but core rate rises

Eurozone inflation fell sharply in line with expectations in March to 6.9% from from 8.5% as energy prices fell, although core inflation rose slightly.

Energy prices in the single currency bloc fell 0.9% year on year,

However, rising core inflation, which strips out components like energy, food, alcohol and tobacco, rose by 0.1% to 5.7%, posing problems for policymakers at the European Central Bank.

Reporting by Frank Prenesti at Sharecast.