Eurozone inflation accelerated more than initially estimated in March, reaching its strongest level since mid-2024, final data from Eurostat showed Thursday.
The harmonized index of consumer prices rose 2.6 percent on a yearly basis in March. This was revised up from the initial estimate of 2.5 percent and followed a 1.9 percent rise in February.
A similar higher inflation was last seen in July 2024.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.