$EUIRYY -Europe CPI (April/2025)

EUIRYY
April/2025
source: EUROSTAT


- Consumer price inflation in the Euro Area remained steady at 2.2% in April 2025, slightly exceeding market expectations of 2.1% and hovering just above the European Central Bank’s 2.0% target midpoint, according to a preliminary estimate.
A sharper drop in energy prices (-3.5% vs. -1.0% in March) was offset by faster inflation in services (3.9% vs. 3.5%) and food, alcohol, and tobacco (3.0% vs. 2.9%). Prices for non-energy industrial goods rose by 0.6%, unchanged from March.
Meanwhile, core inflation, which excludes food and energy, climbed to 2.7%, up from March’s three-year low of 2.4% and above the forecast of 2.5%.
On a monthly basis, consumer prices increased by 0.6% in April, matching March’s rise.