Preliminary figures released by Eurostat show the rate reached its highest level since January 2025, slightly below economists’ expectations of 2.6 percent, according to Bloomberg, as cited by Al-Jazeera.
The sharp increase reflects a surge in oil and gas prices following the outbreak of the conflict in the Middle East last month.
Eurostat data shows energy prices jumped 4.9 percent annually in March across the eurozone, reversing a 3.1 percent decline recorded in February.
MNA
TEHRAN, Mar. 31 (MNA) – Inflation across the eurozone has accelerated to 2.5 percent year-on-year in March, up from 1.9 percent in February, driven by rising energy costs linked to the war.
News ID 243088
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