Eurozone annual inflation up to 1.3 percent in March

NEWS IN ENGLISH

The euro area's consumer prices annual inflation rate rose to 1.3 percent in March, improving by 0.9 percent since February, in line with analysts' expectations, Eurostat revealed in its report released on Friday. In the European Union solely, the figure rose by 1.3 percent month-on-month.

The highest monthly contribution to the annual rate came from services, with 0.57 percent, followed by energy with 0.43 percent, food, alcohol and tobacco with 0.24 percent, and non-energy industrial goods with 0.09 percent.

The highest annual rates were observed in Poland with 4.4 percent, Hungary with 3.9 percent, and Romania and Luxembourg with 2.5 percent. Meanwhile, the lowest rates were noted in Greece with negative 2.0 percent, and Portugal, Malta, Ireland and Slovenia with negative 0.1 percent.
 

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