The annual inflation rate in the eurozone slowed to 2.4% in March, as confirmed this Wednesday by Eurostat, which reports a slowdown to 2.6% in the European Union (EU).
For eurozone countries, the European Statistical Office confirms its rapid estimate of a slowdown in annual inflation to 2.4% for the third month in a row, down from 6.9% in March 2023 and 2.6% since February this year (chain). ).
The average inflation rate across the 27 EU member states was 2.6%, down from 8.3% and 2.8% in the previous month.
The lowest inflation rates, as measured by the Harmonized Index of Consumer Prices (HICP, which allows comparisons between EU member states), were recorded in Lithuania (0.4%), Finland (0.6%) and Denmark (0.8%) .
The highest inflation rates were observed in Romania (6.7%), Croatia (4.9%), Austria and Estonia (4.1% each).
Compared to February, the rate slowed in 13 Member States, remained stable in four and increased in the remaining ten.
In Portugal, the annual inflation rate as measured by the HIPC was 2.6% in March, up from the 2.3% recorded in February but registering a strong decline from 8.0% in March 2023.
The European Central Bank has set an inflation target of 2% over the medium term.
Author: Lusa
Source: CM Jornal
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