Eurostat: In April, food inflation in the Eurozone accelerated on an annual basis
In April, inflation accelerated in the euro zone on an annual basis, the statistical office of the European Union announced on Wednesday.
According to Eurostat’s final data, inflation rose to 7.0 percent in April from 6.9 percent in March, as previously announced.
In the euro area, consumer prices increased by 0.6 percent in April compared to March, when a larger increase of 0.9 percent was recorded. The April figure of 0.7 percent was included in the preliminary estimate.
In April, the increase in the prices of food, alcohol and tobacco contributed the most to the annual inflation rate of the euro area.
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