The Eurozone annual inflation was 0.0% in April, up from -0.1% in March, FXStreet reported citing the data released by the Eurostat on Tuesday.
The inflation rate reached 0.7% in April 2014.
The CPI fell to 0.2% in April month-on-month from 1.1% in March. The Core CPI stayed unchanged at 0.6% year-on-year in April.
The largest upward impacts to the annual inflation came from restaurants & cafés (+0.10 percentage points), rents (+0.08 pp) and vegetables (+0.07 pp). Meanwhile, fuels for transport (-0.42 pp), heating oil (-0.17 pp) and gas (-0.07 pp) had the biggest downward impacts, said the Eurostat report.
Source:
Mubasher