Final April CPI data confirms preliminary estimates, with core inflation easing slightly from March levels.
Eurozone inflation remained steady at 3.0% year-over-year in April, matching preliminary estimates and marking a slowdown from March’s 2.6% print. Core CPI, which excludes volatile food and energy prices, came in at 2.2%, down from 2.3% in the prior month and in line with forecasts.
The data aligns with expectations for a gradual easing of price pressures, though headline inflation remains above the European Central Bank’s 2% target. Markets will watch for further signs of disinflation ahead of the ECB’s June policy meeting.
No immediate market reaction was reported following the release.