ECONOMY - FINANCE - BUSINESS / Economy

Euro area annual inflation in April estimated to have risen slightly to 7%

Brussels, 02/05/2023 (Agence Europe)

Headline inflation in the euro area is expected to have risen very slightly in April, according to an estimate by Eurostat, the Statistical Office of the European Union. In a document published on Tuesday 2 May, Eurostat estimates that the annual inflation rate in the euro area reached 7% in April, compared to 6.9% in March, measured in the Harmonised Indices of Consumer Prices (HICP).

Core inflation may have peaked. Growth in consumer prices excluding energy, food, alcohol and tobacco is...