Eurozone inflation falls for 4th month as unemployment dips

Paris

THE eurozone continues to flirt with deflation, an official report showed on Tuesday, as consumer prices fell in March for a fourth consecutive month. A separate report, though, showed the unemployment rate in the zone, a 19-nation currency union, dipping slightly in February.

While the data gave little reason to cheer, the reports did not alter the view that Europe, despite its problems, is experiencing a miniboom, lifted by low oil prices, a weak euro and aggressive stimulus from the European Central Bank.