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Europe Daily Bulletin No. 9654

1 May 2008
Contents Publication in full By article 13 / 31
GENERAL NEWS / (eu) eu/economy
Inflation falls but so does business confidence

Brussels, 30/04/2008 (Agence Europe) - According to a flash estimate issued by Eurostat published on Wednesday 30 April, the Euro area annual inflation rate is expected to be 3.3% in April 2008, a fall from its record 3.6% in March. This rise in prices is, however, above the European Central Bank's mid-term target (below but close to 2%). In April the business confidence indicator, which summarises the opinions of the Heads of business and consumers fell by 3.8 points in the EU and 2.5...

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