U!Eurozone inflation stagnates at 2.4% in April, with Lithuania, Denmark and Finland leading the way in low prices
The euro area's annual inflation rate remained unchanged in April 2024, standing at 2.4%, according to data published today by Eurostat, the statistical office of the European Union. This figure coincides with that of the previous month and marks a significant decrease compared to the 7.0% registered a year ago.
In the European Union as a whole, annual inflation stood at 2.6% in April, also unchanged compared to March, but below the 8.1% in the same month of 2023.
Disparate rates between countries
Inflation rates vary considerably between Member States. Lithuania, Denmark and Finland recorded the lowest annual rates, at 0.4%, 0.5% and 0.6%, respectively. At the other extreme are Romania, Belgium and Croatia, with the highest rates of 6.2%, 4.9% and 4.7%, respectively.
Compared to March 2024, annual inflation decreased in 15 Member States, remained stable in 4 and increased in 8.
Contribution by sector
In April 2024, services (+1.64 percentage points) were the main driver of eurozone inflation, followed by food, alcohol and tobacco (+0.55 percentage points), non-energy industrial goods (+0.23 percentage points) and energy (-0.04 percentage points).
For more information, consult Eurostat:
PUBLICATION
