A dramatic jump in energy inflation was one of the key instigators of this inflation, rising from 0.2% to 1.3%, according to data from Eurostat. Non-energy industrial goods also climbed marginally from 0.7% to 0.8%, while services inflation, which has remained sticky across the Eurozone, US and the UK, nudged down from 4.1% to 4%, back to its February and March levels. Food, alcohol and tobacco prices for consumers also fell slightly to 2.3%, compared to 2.4% a month before. European Central Bank stands firm as it holds interest rates at 3.75% Prior to the inflation reading, t...
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