Eurozone inflation accelerated in April on higher energy prices, flash estimate from Eurostat showed on Friday.

Inflation rose to 1.6 percent in April, in line with expectations, from 1.3 percent in March. Final data is due on May 19.

On a monthly basis, the harmonized index of consumer prices gained 0.6 percent in April.

Core inflation that excludes energy, food, alcohol and tobacco, slowed slightly to 0.8 percent from 0.9 percent in March. The rate was forecast to rise to 1 percent.

Among components of HICP, food, alcohol and tobacco prices grew at a slower pace of 0.7 percent and the growth in services cost eased to 0.9 percent from 1.3 percent.

Meanwhile, energy price inflation surged to 10.3 percent from 4.3 percent and non-energy industrial goods prices rose 0.5 percent, following a 0.3 percent increase.

The material has been provided by InstaForex Company –

Leave your vote

🚀If you want to get a Forex Robot Coded as per your trading strategy but are unable to do so because of the high price for the Robot then you can take advantage of the CROWD FUNDING campaigns feature. ✔ These are some crowd funding campaigns for Forex Robots, which when completed can provide the very same Forex Robot to the participants at an average price of $5-$10 per participant. ✔ You either participate in one of the already listed campaigns or send us your Forex strategy : Submit Crowd Funding Campaign , for which you would like the Forex Robot to be coded. A Crowd Funding Campaign would then be started for the same . ✔ All you have to do later on is to share the campaign online with your friends to encourage more people to participate in the campaign.

As a result, each participant can get that Forex robot for just a campaign contribution of $5 (which is the minimum). Participants can back the campaign by anything above or equal to $5 to reach the funding goal to close the campaign.