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Inflation in the Eurozone fell to 2.4% in March

This Wednesday, April 17, Eurostat confirmed the slowdown in the Eurozone's annual inflation rate in March, which stood at 2.4%. In February, this rate had been 2.6%, which represents a drop of 0.2 percentage points. In the European Union (EU) the scenario was also downward, with the annual inflation rate falling from 2.8% to 2.6%.

According to the official European statistics office, annual inflation registered a decrease in 13 EU Member States compared to February, having remained stable in four and increased in ten. As for Portugal, the year-on-year variation in the harmonized consumer price index in March stood at 2.6%, similar to the EU average, and above the average for Eurozone countries. Compared to February, this is also an increase.

On the other hand, the lowest inflation rates in March were recorded in Lithuania, at 0.4%, in Finland, at 0.6%, and in Denmark, at 0.8%. Romania, Croatia, Estonia and Austria had the highest inflation rates, with 6.7%, 4.9% and 4.1% in both countries, respectively.

Read full article here.

Source: Supercasa


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