[HIGHLIGHTS] Inflation slows in March, to +2.3% year-on-year, household consumption stagnates

Inflation slows in March, to +2.3% year-on-year, household consumption stagnates. Inflation is an indicator closely scrutinized by investors, because it greatly influences the monetary policy of central banks.

Investors are now watching for any sign that could trigger the first rate cuts, promised in the spring. The benchmark indicator at European level, the harmonized consumer price index (HICP) increased by 2.4% year on year, after an increase of 3.2% in February.