Eurozone's inflation eases 4th successive month in April

Inflation measured as harmonized index of consumer prices (HICP) in the Eurozone was below economists' projections slowing down for the fourth month in a row in April, a data unveiled by the statistical office Eurostat showed on Tuesday. The HICP index eased to 1.2% in April, down from 1.7% recorded in March, while it was forecast to fall just to 1.6%.