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Consequently, inflation stayed at the rate of the prior month.
The collective forecast of analysts, referenced by Trading Economics, indicated that inflation would decrease to 2.1 percent in April.
The rate of price increase for services rose last month to 3.9 percent from March's 3.5 percent, while for food, alcohol, and tobacco it increased to 3 percent from 2.9 percent. In April, industrial products increased by 0.6 percent, matching the previous month, while energy prices decreased by 3.5 percent following a 1 percent drop in March.
In April, the annual growth rate of consumer prices, excluding food and energy costs (CPI Core), increased to 2.7% from 2.4% the previous month. On average, specialists forecasted this indicator to be at 2.5%.
In April, consumer prices in the Eurozone rose by 0.6% compared to the previous month, matching the increase seen in March.
source: ec.europa.eu
The collective forecast of analysts, referenced by Trading Economics, indicated that inflation would decrease to 2.1 percent in April.
The rate of price increase for services rose last month to 3.9 percent from March's 3.5 percent, while for food, alcohol, and tobacco it increased to 3 percent from 2.9 percent. In April, industrial products increased by 0.6 percent, matching the previous month, while energy prices decreased by 3.5 percent following a 1 percent drop in March.
In April, the annual growth rate of consumer prices, excluding food and energy costs (CPI Core), increased to 2.7% from 2.4% the previous month. On average, specialists forecasted this indicator to be at 2.5%.
In April, consumer prices in the Eurozone rose by 0.6% compared to the previous month, matching the increase seen in March.
source: ec.europa.eu