By Daniel Hunter

The Eurozone exited deflation in April after four months, according to the official statistics agency.

Inflation in the 19-member currency bloc was at 0%, up from 0.1% in March.

Eurostat said energy prices continued to have a deflationary effect on living costs. But prices fell 5.8% in April, slightly slower than the 6% fall in March.

The European Central Bank (ECB) said its €1.1 trillion quantitative easing measures, introduced in January, was showing signs of working.

"After having reached low levels in mid-January, longer-term inflation expectations in the euro area have recovered. The decline observed over the previous two years has thus come to a halt," the ECB said.