Eurozone CPI was finalized at 1.6% yoy in April, up from March’s 1.3% yoy. Core CPI was finalized at 0.7% yoy. The highest contribution to the annual euro area inflation rate came from energy (+0.96 percentage points, pp), followed by services (+0.37 pp), food, alcohol & tobacco (+0.16 pp) and non-energy industrial goods (+0.12 pp).
EU CPI was finalized at 2.0% yoy, up from March’s 1.7% yoy. The lowest annual rates were registered in Greece (-1.1%), Portugal (-0.1%) and Malta (0.1%). The highest annual rates were recorded in Hungary (5.2%), Poland (5.1%) and Luxembourg (3.3%). Compared with March, annual inflation fell in three Member States, remained stable in one and rose in twenty-three.
