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Euro area’s annual inflation falls to 6.9% in Mar 2023: Eurostat

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Euro area’s annual inflation is expected to be 6.9 per cent in March 2023, down from 8.5 per cent in February, as per a flash estimate from Eurostat.

Looking at the main components of euro area inflation, non-energy industrial goods stood at 6.6 per cent, compared with 6.8 per cent in February and energy at -0.9 per cent, compared with 13.7 per cent in February, Eurostat, the statistical office of the European Union (EU), said in a press release.

Euro area’s inflation rate is expected to be 6.9 per cent in March 2023, a decrease from 8.5 per cent in February.
Non-energy industrial goods stood at 6.6 per cent, while energy was at -0.9 per cent, as per the Eurostat.
In February, the inflation rate was 8.5 per cent, down from 8.6 per cent in January, and up from 5.9 per cent a year ago.

The euro area’s annual inflation rate was 8.5 per cent in February 2023, down from 8.6 per cent in January, while a year earlier, the rate was 5.9 per cent.

Fibre2Fashion News Desk (NB)


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