Economy
Eurozone inflation rises to 7.4%
Eurozone inflation accelerated as of March 2022 to 7.4%.
According to the Eurostat website, inflation on the territory of the European Union rose to 7.8% in annual terms. In addition to the 19 eurozone countries, the European Union also includes Sweden, Denmark, Bulgaria, Hungary, Romania and Poland.
In February, annual inflation in the eurozone was 5.9%, in the European Union – 6.2%. A year ago, the rate in the eurozone was 1.3%, in the European Union – 1.7%.
On April 1, Eurostat reported that price growth in the Eurozone in March hit a new high of 7.5% year-on-year.
