Retail

Annual inflation stable at 2.4% in euro area in Apr; 2.6% in EU

20 May '24

1 min read

Annual inflation stable at 2.4% in euro area in Apr; 2.6% in EU

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Insights

The euro area annual inflation rate was 2.4 per cent in April—stable compared to March. A year earlier, the rate was 7 per cent.
In the EU, the annual inflation was 2.6 per cent in April—stable compared to March. A year earlier, it was 8.1 per cent.
Compared with March, annual inflation fell in 15 member states, remained stable in four and rose in eight.

The euro area annual inflation rate was 2.4 per cent in April this year—stable compared to March, according to the EU statistical office Eurostat. A year earlier, the rate was 7 per cent.

In the European Union (EU), the annual inflation was 2.6 per cent in April—stable compared to March. A year earlier, it was 8.1 per cent.

The lowest annual rates were registered in Lithuania (0.4 per cent), Denmark (0.5 per cent) and Finland (0.6 per cent). The highest annual rates were recorded in Romania (6.2 per cent), Belgium (4.9 per cent) and Croatia (4.7 per cent).

Compared with March this year, annual inflation fell in April in 15 member states, remained stable in four and rose in eight.

In April, the highest contribution to the annual euro area inflation rate came from services, followed by food, alcohol and tobacco, non-energy industrial goods and energy.

Fibre2Fashion News Desk (DS)

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