Eurostat released its final consumer price inflation data for the Eurozone on Wednesday. Eurozone’s harmonized consumer price index was flat in April, in line with expectations, after a 1.2% increase in March.
On a yearly basis, Eurozone’s final consumer price inflation decreased to -0.2% in April from 0.0% in March, in line with the preliminary reading.
Restaurants and cafés prices were up 0.13% year-on-year in April, rents increased by 0.08%, tobacco rose by 0.05%, fuel prices for transport declined by 0.54%, heating oil prices decreased by 0.22%, while gas prices were down by 0.13%.
Eurozone’s final consumer price inflation excluding food, energy, alcohol and tobacco fell to an annual rate of 0.7% in April from 1.0 in March, in line with the preliminary reading.
The post Eurozone’s harmonized consumer price index is flat in April appeared first on forex-analytics.press.