The European Statistics Office (Eurostat) has released the leading inflation data for the Eurozone for April.
Accordingly, annual inflation in the Eurozone, which was 6.9 percent in March, rose to 7 percent in April.
In the Euro Zone, CPI increased by 0.7 percent in April compared to the previous month.
Market expectations were for annual inflation to be 7 percent and monthly inflation to 0.9 percent in the euro area in April.
According to EU-compatible data, inflation was 15 percent in Latvia, 14 percent in Slovakia, 13.3 percent in Lithuania, 13.2 percent in Estonia, 9.6 percent in Austria, 9 percent in Slovenia, in April. 2, 8.8 percent in Italy and Croatia, 7.6 percent in Germany, 6.9 percent in France and Portugal, 6.5 percent in Malta, 6.4 percent in Finland, and Ireland 6.3 percent in the Netherlands, 4.5 percent in Greece, 3.8 percent in Spain and Cyprus, 3.3 percent in Belgium and 2.7 percent in Luxembourg. .