(Reuters) – Inflation in the euro zone slowed year-on-year in March, in line with the first estimate, show final data published on Wednesday by Eurostat.
Over one year, the consumer price index calculated according to European HICP standards stood at 2.4%, as indicated in the “flash” estimate and in the Reuters consensus, after 2.6% in February.
From one month to the next, inflation in the 20 countries having adopted the single currency was, however, slightly higher than at first reading, recording an increase of 0.8%, compared to an initial estimate of 0. 6%.
Excluding energy and unprocessed food products, inflation also stands at 0.8% on a monthly basis – compared to an initial reading of 0.6% – and is confirmed at 3.1% on an annual basis.
Read also…
An even narrower measure of price developments, which also excludes alcohol and tobacco, shows that inflation stood at 1.1% month-on-month and 2.9% year-on-year. annual, which confirms the first estimate.
(Written by Diana Mandiá)
©2024 Thomson Reuters, all rights reserved. Reuters content is the intellectual property of Thomson Reuters or its third party content providers. Any copying, republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. “Reuters” and the Reuters Logo are trademarks of Thomson Reuters and its affiliated companies.