Annual inflation in the Eurozone accelerated in April
In April, inflation accelerated in the euro area on an annual basis, the statistical office of the European Union announced on Tuesday.
According to Eurostat’s preliminary data, inflation rose to 7.0 percent in April from 6.9 percent in March. The average of analysts’ expectations was 7.0 percent for April.
In the euro area, consumer prices increased by 0.7 percent in April compared to March, when a larger increase of 0.9 percent was recorded.
Energy prices increased by 2.5 percent compared to last April, while in March the annual decrease was 0.9 percent. The increase in the price of services accelerated to 5.2 percent in April from 5.1 percent in the previous month.
Related news
Margin is very much not profit
The government announced that it would introduce a margin cap…
Read more >Despite global challenges, SMEs are still looking for breakthrough points in 2025
According to economic forecasts for 2025, businesses will face a…
Read more >Margin freeze versus VAT reduction: a solution to inflation or a field for political debate?
The government has been implementing a margin freeze since mid-March,…
Read more >Related news
Margin is very much not profit
The government announced that it would introduce a margin cap…
Read more >Margin freeze in Hungary: Who is affected and is government intervention really justified?
The Hungarian government will introduce a margin restriction on certain…
Read more >Despite global challenges, SMEs are still looking for breakthrough points in 2025
According to economic forecasts for 2025, businesses will face a…
Read more >