Greece had the seventh-highest inflation rate in the European Union, with final Eurostat data confirming that it stood at 3.2% in April. This is a slight fall from the 3.4% recorded in March.
The lowest annual rates were recorded in Lithuania (0.4%), Denmark (0.5%), and Finland (0.6%). The highest annual rates were recorded in Romania (6.2%), Belgium (4.9%), and Croatia (4.7%). Compared to March 2024, annual inflation decreased in fifteen member states, remained stable in four, and increased in eight.
Services (+1.64 percentage points, bp), food, alcohol, and tobacco (+0.55 bp), non-energy industrial goods (+0.23 bp), and energy (-0.04 bp) contributed the most to the annual inflation rate in the euro area in April.
Particular attention should be paid to structural inflation, the index excluding volatile energy, food and tobacco prices, which stood at 2.7% in April in the euro area, continuing the downward trend of recent months. According to the ECB, it is considered an important indicator for monitoring the "persistence" of inflationary pressures.