Eurozone inflation rose to 7.0% in April and fell to 8.1% in the European Union (EU), Eurostat said on Wednesday.
The Bulletin confirms for the Eurozone the slight increase versus March (6.9%) already indicated in the quick estimate on the 2nd and coming after five consecutive months of decelerating inflation.
The inflation rate has decreased in 20 eurozone countries from 7.4% in April 2022.
In the EU, the indicator fell for the sixth month in April from 8.3% in March to 8.1% in April, stable in homologous comparison.
In April, food, alcohol and tobacco made the largest contribution to annual inflation in the eurozone (2.75 p.p., p.p.), followed by services (2.21 p.p.), manufactured goods, excluding energy (1.62 p.p.) and energy (0.38 p.p.). ).
Among Member States, the lowest year-on-year inflation, as measured by the harmonized consumer price index, which allows for comparison, was registered in April in Luxembourg (0.27%), Belgium (3.3%) and Spain (3.8%). %), and the highest – in Hungary (24.5%), Latvia (15.0%) and the Czech Republic (14.3%).
Compared to March, annual inflation fell in 22 Member States and rose in five others.
In Portugal, the rate slowed to 6.9% from 8.0% in March and 7.4% in April 2022.
Author: Portuguese
Source: CM Jornal
I’m Tifany Hawkins, a professional journalist with years of experience in news reporting. I currently work for a prominent news website and write articles for 24NewsReporters as an author. My primary focus is on economy-related stories, though I am also experienced in several other areas of journalism.