Euro zone starts slide down inflation slope as coronavirus lockdowns weigh
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BRUSSELS/FRANKFURT (Reuters) - Euro zone inflation plunged this month on crashing oil prices, signalling the start of a possible deflationary spiral as government lockdowns in response to the coronavirus trigger a dramatic slowdown in economic activity.Inflation in the 19 countries sharing the euro fell to 0.7% from 1.2% in February, Eurostat said on Tuesday, undershooting already modest expectations of 0.8%. But the headline figure, which many economists expect to slip into negative territory..