• Eurozone's harmonized consumer price index is flat in April

Market news

18 May 2016

Eurozone's harmonized consumer price index is flat in April

Eurostat released its final consumer price inflation data for the Eurozone on Wednesday. Eurozone's harmonized consumer price index was flat in April, in line with expectations, after a 1.2% increase in March.

On a yearly basis, Eurozone's final consumer price inflation decreased to -0.2% in April from 0.0% in March, in line with the preliminary reading.

Restaurants and cafés prices were up 0.13% year-on-year in April, rents increased by 0.08%, tobacco rose by 0.05%, fuel prices for transport declined by 0.54%, heating oil prices decreased by 0.22%, while gas prices were down by 0.13%.

Eurozone's final consumer price inflation excluding food, energy, alcohol and tobacco fell to an annual rate of 0.7% in April from 1.0 in March, in line with the preliminary reading.

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