Eurozone inflation fell to 0.5% in March, down from 0.7% in February, according to preliminary estimates, putting further pressure on European Central Bank chief Mario Draghi.
The UK's headline inflation rate dropped to 1.7% in February, its lowest level since late 2009.
M&G corporate bond fund manager Stefan Isaacs finds discussion of high yield headwinds strangely absent from a recent conference.
The president of the European Central Bank (ECB) has said the currency crisis in Ukraine could have serious and long-lasting implications for the European energy market.
Central bankers risk creating an "inflationary overshoot" because of their attempts to avoid deflation, the managers of the Ruffer Investment Company have warned.
The Bank of England will not hike interest rates until well in to 2015 at the earliest, according to Hawksmoor Investment Management's head of research, Jim Wood-Smith.
The UK's consumer prices index fell to 1.9% in January, bringing it under the Bank of England's 2% target rate for the first time in four years.
The FTSE 100 was down as much as 0.5% this morning, mimicking losses seen globally, as investors reacted to poor economic data.
The UK's headline inflation rate fell to 2% in December, rounding off a near one percentage point fall since the summer, official data has shown.
The spectre of deflation in Europe is once again back at the forefront of investors' minds today after the latest reading of price movements saw inflation fall to a record low.