Eurozone consumer prices increased at a faster pace in March, flash data from Eurostat revealed on Wednesday.
Inflation advanced to 1.3 percent in March, in line with expectations, from 0.9 percent in February. This was the third consecutive rise in prices.
Meanwhile, core inflation that excludes energy, food, alcohol & tobacco, eased to 0.9 percent from 1.1 percent in February. Economists had forecast the rate to rise to 1.2 percent.
On a monthly basis, the harmonized index of consumer prices was up 0.9 percent.
Among components of HICP, energy prices showed the biggest annual growth of 4.3 percent. Food, alcohol and tobacco rose 1.1 percent and services cost climbed 1.3 percent. Non-energy industrial goods prices gained only 0.3 percent.
For comments and feedback contact: editorial@rttnews.com
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
