European Economic News

Eurozone April Inflation Slows As Estimated

Eurozone inflation slowed as initially estimated to 1.2 percent in April from 1.7 percent in March, final data from Eurostat showed Thursday. Month-on-month, prices were down 0.1 percent.

Core inflation that excludes energy, food, alcohol and tobacco, fell to 1 percent from 1.5 percent a month ago.

In the EU27, annual inflation was 1.4 percent, down from 1.9 percent in March. The lowest annual rates were observed in Greece, Latvia and Sweden, while Romania posted the highest rate.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

More European Economic News