Consumer prices in the euro zone rose by 0.6% in April, less than expected
May 17, 2023 Latest News 0 Comments
May 17 (Reuters) – Eurozone consumer prices rose by 0.6% on a monthly basis in April, slightly less than analysts’ forecast of 0.7%, according to the statistical agency Eurostat.
In annual terms, the consumer price index (CPI) in the common European currency circulation zone amounted to 7.0%, as expected.
Excluding food and energy prices, monthly inflation amounted to 0.9%, while analysts expected 1.0%. In annual terms, the core index remained at 7.3%, justifying the forecast. (Reuter office in Gdansk)