MW:Euro-zone Mar. annual inflation revised up to 2.7%
By William L. Watts
FRANKFURT (MarketWatch) -- The annual rate of inflation in the euro-zone came in at 2.7% in March, unchanged from the previous month but revised upward from a preliminary estimate of 2.6%, the European Union statistics agency Eurostat reported Tuesday. The European Central Bank's inflation target is for annual inflation of near but just below 2%. The ECB has said it expects inflation to remain above target in 2012, due in part to rising energy prices, falling back to target next year.
