Stock market analytics, financial forecasts

Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

Eurozone inflation slows to a minimum in April from 2016


May, 20 2020
watermark Economic news

According to the final data of the Statistical Office of the European Union (Eurostat), consumer prices in the eurozone in April rose by 0.3% in annual terms, at the lowest rates in almost four years. A preliminary estimate was 0.4%. On a monthly basis, consumer prices rose in April by 0.3%.


In March, inflation was 0.7%. The inflation target set by the European Central Bank is «just under 2%.»


Core inflation (excluding volatile energy, food and alcohol prices) slowed from 1% to 0.9% in annual terms. The cost of energy itself fell by 9.7% in annual terms after a March decline of 4.5%. Food, alcohol and tobacco rose by 3.6% after rising 2.4% a month earlier.


Annual inflation in all EU countries slowed to 0.7% from 1.2% a month earlier.


Feedback

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.