Eurozone inflation rises higher than predicted to 2.7% in March - BRUSSELS -- Inflation rocketed to 2.7 percent across the debt-ravaged eurozone in March, faster than forecast according to revised official data released by the EU on Friday. Annual inflation across the 17 states that share the euro currency had initially been pegged at 2.6 percent, but up from 2.4 percent in February, the rate is now significantly above European Central Bank hopes for medium-term inflation at below two percent. Little over a year ago the rate was just 0.8 percent. The Eurostat data showed transport costs (5.6 percent) and housing (5.1 percent) having the highest sectoral rates, but the “largest upward impacts” on the headline rate stemmed from fuel for transport, heating oil and electricity and gas, the European Union underlined. Ireland had the lowest rate, 1.2 percent, and Romania the highest at 8.0 percent. Mediafax,Rador,Basa Press,Media Trust,LiveNews.ro,NewsIn,A.M.Press,AFP,News-AR,Prompt Media,RomNET,ServerPress,Best News,Rompres,Amos News,
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