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Thomas StorringDirector – Economics and Statistics
Tel: 902-424-2410Email:

May 17, 2024

Year-over-year (April 2024 vs April 2023)

The inflation rate remained unchanged at 2.6% in the European Union and at 2.4% in the Euro Area in April 2024.

The fastest inflation was reported in Romania (6.2%) while the slowest inflation rates were in Lithuania and Denmark (0.4% and 0.5% respectively).

Energy prices declined 0.5% in the European Union and declined 0.6% in the Euro Area in April 2024.

Food price inflation has continued to slow to 1.6% for the European Union and 1.9% in the Euro Area in April 2024. 

Excluding the impacts of energy, food, alcohol and tobacco prices year-over-year inflation was slowed to 3.0% in the European Union and 2.7% in the Euro Area in April 2024.

Source: EurostatEurostat Data

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