The average annual inflation rate in Eurozone countries was 6.9% in March. information about it published On the website of the press service of the Statistical Office of the European Union (Eurostat).
Due to the falling energy prices, the rate of price increase started to decrease. In March, it fell 0.9% compared to February 2023. In the last two months, the rise in energy prices in the euro area slowed from 18.9% to 12.8%,
At the same time, food, alcoholic beverages and tobacco prices increased by 0.4% compared to February, while the increase in service prices accelerated by 0.2%.
Eurostat press service in the second half of March reported On reducing annual inflation by 0.1% to 8.5% in February 2023.
At the European Commission in the first half of February declarationThat the EU economy is recovering from a recession and that the peak of inflation in the alliance has passed. The peak took place in October 2022, when the price increase rate was 10.6%.
Last week, Deputy Chairman of the Security Council of the Russian Federation Dmitry Medvedev estimated Until March, inflation in Russia is at 6%.