Eurozone inflation continued to fall
The annual harmonized index of consumer prices (HICP) of the Eurozone rose slightly in March, but the situation is no longer so favorable in a monthly comparison. According to data published by Eurostat, the HICP increased by 2.4 percent in March, which represents a slowdown compared to February’s growth. However, this fell short of market expectations, which had forecast a 2.6 percent increase.
Core inflation, which filters out fluctuations in energy and food prices, decreased to 2.9 percent in March, compared to the 3.1 percent increase in February. It was also lower than analysts’ expectations of 3 percent.
In the euro area, however, the accelerating rise in consumer prices can already be felt on a monthly basis. In March, prices exceeded the February level by 0.8 percent, while core inflation increased to 1.1 percent from 0.7 percent in the previous month.
Related news
Pensioners are in a difficult situation at the cash register
According to the latest data from the Central Statistical Office…
Read more >Inflation slowed in the United States in July
In July, inflation and core inflation in the United States…
Read more >The core inflation rate calculated without food and energy prices did not change on a monthly basis in the USA
A várakozások alatt alakult júliusban a termelőiárak emelkedése mind havi,…
Read more >Related news
A new office responsible for food safety and retail trade can be established under the leadership of Márton Nagy
A new top organization called the National Trade Office could…
Read more >K&H: Almost two-thirds of businesses are planning development
The majority of domestic micro, small and medium-sized enterprises, 61…
Read more >KSH: industrial production fell by 8.2 percent in June
In June 2024, the volume of industrial production was 8.2…
Read more >