Energy rises to -2.1% from -2.3% while food falls to 1.0% from 1.5% in Feb. Falls were seen in non energy industrial goods from 0.4% to 0.3% and services which dropped to 1.1% from 1.3%

The euro got smacked down initially to 1.3725 but has regained some composure back to 1.3740.

The core number is what’s going to keep the ECB on hold.

EZ HICP flash 31 03 2014

EZ HICP flash 31 03 2014