The consumer price index in the eurozone (20 countries using the euro) rose by 2.2% in April compared to a year ago, according to preliminary estimates.
On the 2nd (local time), according to Eurostat, the EU statistics agency, consumer prices were slightly higher than the market forecast of 2.1% and maintained the same increase as in March.
The core inflation rate, which shows the underlying trend in prices, rebounded from 2.4% in March to 2.7% in April. Core prices are a key indicator considered by the European Central Bank (ECB) in making monetary policy decisions.
By institutional sector, the rise in service prices recorded an increase of 0.4 percentage points (P) from 3.5% the previous month to 3.9%. The inflation rate for food, beverages, and tobacco increased to 3.0%, expanding by 0.1 percentage points compared to the previous month. Energy prices fell by 3.5% compared to a year ago.