In April, euro area inflation stagnated at a record high of the previous month
![](https://trademagazin.cdn.webgarden.io/wp-content/uploads/2021/09/euro-ok.jpg)
Euro area inflation stagnates in April
A year earlier, in April 2021, the rate was 1.6 percent. According to preliminary estimates, inflation in the euro area was expected to reach 7.5 percent in April.
Inflation is already more than three times the ECB’s 2 percent target and is not expected to return to that level any time soon. According to the European Commission, inflation will be 6.1 percent in 2022 and then fall to 2.7 percent in 2023. (MTI)
Related news
Eurozone inflation slowed in June
Annual inflation slowed down in the euro area in June,…
Read more >In Italy, after May, the annual inflation was 0.8 percent in June as well
In line with the preliminary estimate, consumer prices in Italy…
Read more >The interests of farmers must be placed at the center of the common agricultural policy
Farmers and farmers’ interests must once again be placed at…
Read more >Related news
Climate change will cause food prices to rise further
Significant changes are to be expected in Hungary’s agriculture in…
Read more >Research: the financial situation of the middle-aged has become more favorable
The financial situation of the middle-aged has improved, according to…
Read more >Eurozone inflation slowed in June
Annual inflation slowed down in the euro area in June,…
Read more >