Consumer prices in the eurozone are projected to rise in April to 1.6% higher than the same month last year, up from 1.3% in March, the bloc’s statistics office announced on Friday.
Among the main components of euro area inflation, energy is expected to have had the greatest annual rate in April with 10.3%, compared to 4.3% in March, according to the flash estimate of Eurostat.
Services followed with 0.9%, food, alcohol and tobacco with 0.7%, and non-energy industrial goods with 0.5%.
In April, the highest complete set of harmonized indices of consumer prices (HICP) rate was posted by Malta (2.9%), while Luxembourg saw the lowest with 0%.
The euro area/eurozone represents member states that use euro as their single currency.