Eurozone inflation accelerated from a 52-month low in April as the decline in energy prices slowed from last year, flash data from Eurostat showed Wednesday.
Flash inflation increased to 0.7 percent in April from 0.5 percent in March. However, the rate was slightly slower than the 0.8 percent forecast by economists.
Inflation has been staying below the European Central Bank’s target of ‘below, but close to 2 percent’ for the fifteenth consecutive month.
Core inflation, excluding energy, food, alcohol and tobacco, rose to 1 percent from 0.7 percent a month ago.
Published: 2014-04-30 10:24:00 UTC+00
Eurozone Inflation Accelerates In April
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