Euro zone inflation was 2.4 percent in April as well after March

By: Trademagazin Date: 2024. 05. 01. 13:28

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In line with analysts’ expectations, annual inflation in the euro area was 2.4 percent in April after March, according to preliminary data published on Tuesday by Eurostat, the statistical office of the European Union.

A year earlier, in April last year, the annual increase in the euro area consumer price index was 7.0 percent.
In a monthly comparison, consumer prices increased by 0.6 percent in April after 0.8 percent in March.

Based on Eurostat’s preliminary estimate, energy prices in April were 0.6 percent lower than a year earlier, following a 1.8 percent decrease in March.

The annual growth rate of food, alcoholic beverages and tobacco prices accelerated to 2.8 percent in April from 2.6 percent in March.