This is the best tl;dr I could make, original reduced by 68%. (I'm a bot)

> The eurozone's annual inflation rate fell sharply in March as plunging energy prices eased pressure on the cost of living across the 20 countries that use the single currency.

> As a result, annual energy inflation dropped from 13.7% to -0.9%. In contrast to falling gas prices, the cost of food continued to rise for eurozone consumers.

> Inflation data for the UK for March has not yet been published but figures for February showed headline inflation rising from 10.1% to 10.4%, while core inflation rose from 5.8% to 6.2%. Diego Iscaro, the head of European economics at S&P Global Market Intelligence, said: "We estimate that core inflation is close to its peak, and the pressure from food prices is also likely to ease during the second quarter.

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