Eurostat released its final consumer price inflation data for the Eurozone on Thursday. Eurozone’s harmonized consumer price index rose 1.2% in March, in line with expectations, after a 0.2% increase in February.
On a yearly basis, Eurozone’s final consumer price inflation increased to 0.0% in March from -0.2% in February, up from the preliminary reading of -0.1%.
Restaurants and cafés prices were up 0.12% year-on-year in March, rents increased by 0.07%, package holidays rose by 0.09%, fuel prices for transport declined by 0.60%, heating oil prices decreased by 0.23%, while gas prices were down by 0.10%.
Eurozone’s final consumer price inflation excluding food, energy, alcohol and tobacco climbed to an annual rate of 1.0% in March from 0.8 in February, in line with the preliminary reading.
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