Eurozone inflation was 7 percent in April
The European Statistical Office (Eurostat) has released the final inflation data for the European Union (EU) and the Eurozone for April.
Accordingly, annual inflation in the Euro Area, which was 7.0 percent in March, was measured as 7 percent in April. In the preliminary data of the Euro Zone, inflation in April was announced as 7 percent annually. The final data confirmed the leading data.
Inflation in the Euro Zone in April increased by 0.6 percent compared to the previous month. In the EU, annual inflation, which was 8.3 percent in March, was determined as 8.1 percent in April.
Food, alcohol and tobacco products accounted for 2.75 percent of the inflation in the Euro Area, 2.21 percent for services, 1.62 percent for non-energy industrial products and 0.38 percent for energy.
Annual inflation was 24.5 percent in Hungary, 15 percent in Latvia, 14.3 percent in Czechia, 14 percent in Slovakia and Poland, 13.3 percent in Lithuania, 13 percent in Estonia, 2, 10.4 percent in Romania and 10.3 percent in Bulgaria. Thus, inflation was measured in double digits in 9 EU member countries.
In the said period, inflation was 8.7 percent in Italy, 7.6 percent in Germany and 6.9 percent in France.