Eurozone inflation rises in April
Inflation in the euro area rose to 7 percent annually in April.
The European Statistical Office (Eurostat) has published the final inflation data for the European Union (EU) and the Eurozone for the month of April.
Consequently, annual inflation in the Eurozone, which was 6.9 percent in March, was measured at 7 percent in April.
In pioneering data from the Euro Zone, inflation for April was announced at 7 percent annually. The final data confirmed the main data.
Inflation in the Euro Zone in April increased 0.6 percent compared to the previous month.
LOW INFLATION IN APRIL IN THE EU
In the EU, annual inflation, which was 8.3 percent in March, was determined at 8.1 percent in April.
In April 2022, inflation was 7.4% in the euro area and 8.1% in the EU.
Food, alcohol and tobacco products explained 2.75 percent of inflation in the Eurozone, 2.21 percent of services, 1.62 percent of non-energy industrial products and 0.38 percent. cent of the energy.
Annual inflation in April was 24.5% in Hungary, 15% in Latvia, 14.3% in the Czech Republic, 14% in Slovakia and Poland, 13.3% in Lithuania, 13.2% in Estonia, 10.4% in Romania and 10.3% in Bulgaria. Thus, inflation was measured in double digits in 9 EU member countries.
In said period, inflation was 8.7 percent in Italy, 7.6 percent in Germany, and 6.9 percent in France. (AA)
Source: Sozcu
Andrew Dwight is an author and economy journalist who writes for 24 News Globe. He has a deep understanding of financial markets and a passion for analyzing economic trends and news. With a talent for breaking down complex economic concepts into easily understandable terms, Andrew has become a respected voice in the field of economics journalism.
