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For additional information relating to this article, please contact:

Thomas StorringDirector – Economics and Statistics
Tel: 902-424-2410Email: thomas.storring@novascotia.ca

April 21, 2022
EU AND EURO AREA CONSUMER PRICE INDEX, MARCH 2022

Year-over-year (March 2022 vs March 2021)

The inflation rate moved up to 7.8% in the European Union and to 7.4% in the Euro Area in March 2022.

 

The fastest inflation was reported in Lithuania (+15.6%) and Estonia (+14.8%) and the lowest inflation rates were in Malta (+4.5%) and France (+5.1%).                       

                         

Food price inflation increased to 6.9% in the European Union and to 5.8% in the Euro Area.

Energy inflation increased to 40.2% in the European Union and 44.4% in the Euro Area.

Excluding the impacts of energy, food, alcohol and tobacco prices inflation increased to 3.6% in the European Union and 2.9% in the Euro Area in March.

 

Source: Eurostat



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