Annual inflation in the eurozone was 1.2% in April

In April 2018, consumer prices in the euro area rose by 1.2% in annual terms and by 0.3% compared to March, when the annual inflation of 1.3% was recorded, the final data of the Statistical Office Eurostat showed. The indicators coincided with the forecasts of the analysts. Without taking into account the price of energy, food and alcohol, inflation in April in annual terms was 0.7% after rising in prices by 1% in March. The annual growth in consumer prices in the European Union slowed in April to 1.4% compared with a growth of 1.5% in March. Relative to the previous month, prices in the EU rose by 0.2%.

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