Eurozone CPI slowed to 0.7% yoy in March, down from 1.2% yoy, below expectation of 0.8% yoy. CPI core slowed to 1.0% yoy, down from 1.2% yoy, below expectation of 1.1% yoy. Looking at the main components, food, alcohol & tobacco rose 2.4% yoy, services rose 1.3% yoy, non-energy industrial goods rose 0.5% yoy. Energy dropped -4.3% yoy.
