Eurozone inflation hits 3% in April, highest since 2023

The annual inflation rate in the euro area stood at 3% in April, reaching its highest level since September 2023, Eurostat announced on Wednesday, News.Az reports, citing Anadolu.

The rate increased from 2.6% in March, Eurostat stated, adding that inflation across the European Union also rose from 2.8% to 3.2% over the same period.

Energy prices recorded the sharpest increase in April, rising 10.8% year-on-year.

Compared with March 2026, annual inflation declined in five member states, remained stable in one, and increased in 21 countries.

The lowest annual inflation rates were recorded in Sweden (0.5%), Denmark (1.2%), and Czechia (2.1%).

The highest annual rates were seen in Romania (9.5%), Bulgaria (6.0%), and Croatia (5.4%).

News.Az 

By Nijat Babayev