Government of Nova Scotia, Canada

Home > Economics and Statistics > Archived Daily Stats
The Economics and Statistics Division maintains archives of previous publications for accountability purposes, but makes no updates to keep these documents current with the latest data revisions from Statistics Canada. As a result, information in older documents may not be accurate. Please exercise caution when referring to older documents. For the latest information and historical data, please contact the individual listed to the right.

<--- Return to Archive

For additional information relating to this article, please contact:

Thomas StorringDirector – Economics and Statistics
Tel: 902-424-2410Email:

May 19, 2023

Year-over-year (April 2023 vs April 2022)

The inflation rate slowed to 8.1% in the European Union and edged up to 7.0% in the Euro Area in April 2023.

The fastest inflation was reported in Hungary (+24.5%) while the slowest inflation rate was in Luxembourg (+2.7%).

Energy inflation accelerated to 4.4% in the European Union and to 2.4% in the Euro Area in April.

Although energy inflation has slowed considerably, food price inflation remains elevated at 16.6% for the European Union and 15.1% for the Euro Area. 

Excluding the impacts of energy, food, alcohol and tobacco prices inflation edged down to 6.5% in the European Union and to 5.6% in the Euro Area in April 2023.

 Source: Eurostat

<--- Return to Archive