Inflation has accelerated in Europe

Growth in consumer prices has risen in the euro area and in the European Union in March.

According to the final data published on Wednesday by the European Union’s statistical office (Eurostat), consumer prices increased by 1.3 percent in the euro-zone, compared to March last year. This is 0.1 percentage points lower than the previously announced 1.4 percent but 0.2 percentage points higher than the 1.1 percent nadir in February. (MTI)