Euro-area consumer-price growth accelerated less than economists forecast in April, keeping pressure on the European Central Bank to consider unprecedented steps to avert the risk of deflation.
The annual inflation rate increased to 0.7 per cent from 0.5 per cent in March, the European Union’s statistics office in Luxembourg said today. That’s below the 0.8 per cent median forecast in a Bloomberg News survey of 37 economists.
Today’s data may prove critical for ECB President...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team