Data from the European Statistics Agency (Eurostat) showed that inflation in the euro rose to 7.5% in April, compared to 7.4% in March.
She explained that the increase in consumer prices is mainly due to the rise in energy costs, which reached 38% during April 2022 compared to April 2021.
Energy prices are expected to remain high in light of tensions between Europe and Russia over the Ukraine war and Europe’s desire to reduce dependence on Russia’s oil and gas.
She pointed out that food and tobacco prices continued to rise in April to record 6.4%, compared to an inflation rate of 5% in March.
It added that the cost of industrial goods not related to energy recorded an increase of 3.8 % in April, compared to a rise of 3.4 % in March.
She noted that service costs jumped by 3.3% in April, compared to a 2.7% increase in March.
The core inflation rate, which excludes energy, food and tobacco prices, rose to 3.5%, compared to a core inflation rate of 2.9% in March.
According to Eurostat data, Estonia is the country most affected by the rise in consumer prices, as the inflation rate reached 19% in April.
