Inflation in the eurozone remained at 2.2% in April

According to the final data from Eurostat, consumer prices in the eurozone increased by 2.2% in April compared to the same period last year. The inflation rate remained at the March level, which corresponds to preliminary estimates and the consensus forecast of experts.

In April 2024, inflation in the region was 2.4%. At the same time, the rise in prices for food, alcohol and tobacco accelerated to 3% from 2.9% in March, and for services – to 4% from 3.5%. Prices for manufactured goods remained at 0.6%, the same as in the previous month, while energy prices decreased by 3.6% after falling by 1% in March.

Core inflation (CPI Core index) accelerated to 2.7% in annual terms, which also coincided with analysts' forecasts. On a monthly basis, consumer prices in the eurozone increased by 0.6% compared to March.