Inflation in the eurozone slowed again in March, dipping to 0.5 per cent ahead of the European Central Bank’s policy vote on Thursday. The latest flash estimate from Eurostat , the commission’s statistics bureau, showed inflation slowing from 0.7 per cent in February to its lowest level since 2009. Though economists believe last year’s early Easter – a time when businesses tend to raise their prices – weighed on cost pressures, the low number puts pressure on the ECB to do more to stave off the threat of a prolonged period of falling prices. The March figure was below economists’ expectations of 0.6 per cent. The ECB targets inflation of just below 2 per cent, but expects inflation to remain below this level at least until the end of 2016. Copyright The Financial Times Limited 2014. You may share using our article tools. Please don’t cut articles from FT.com […]