Euro zone inflation rises to 1.5% in April

09:10, May 19, 2010      

Email | Print | Subscribe | Comments | Forum 

The 12-month inflation rate in the euro zone rose to 1.5 percent in April from 1.4 percent in the previous month, the European Union statistics bureau Eurostat said Tuesday.

The price of transportation increased 5.9 percent, the highest among the main components involved in the inflation rate, in part due to rising fuel prices.

The latest inflation rate was the highest since December 2008 but remained below the 2-percent ceiling preferred by the European Central Bank (ECB), suggesting it was unlikely the bloc's central bank would raise interest rates in the near term.

Inflation rates varied widely among the member states of the EU, with Hungary seeing the highest at 5.7 percent whereas Latvia saw a deflation of 2.8 percent.

Germany and France, the top two member economies, recorded rises of 1 percent and 1.9 percent, respectively.



  • Do you have anything to say?


Special Coverage
  • Premier Wen Jiabao visits Hungary, Britain, Germany
  • From drought to floods
Major headlines
Editor's Pick
  • The graphic shows part of Long-March series of carrier rockets. (Xinhua/Lu Zhe)
  • The graphic shows the structure of Long-March-2FT1. (Xinhua/Lu Zhe)
  • On Sept. 26, a resident passes by a flower terrace decorated for the coming National Day. (Xinhua/Hang Xingwei)
  • The photo, taken on Sept. 26, shows the SWAT team ready for the joint exercise. (Xinhua/Wangkai)
  • Two metro trains in Shanghai collided Tuesday afternoon, and an identified number of passengers were injured in the accident, the Shanghai-based reported. Equipment failures were believed to have caused the crash on the Line 10 subway, Xinhua quoted local subway operator as saying.
Hot Forum Discussion