Annual inflation down to 0.3% in the Εuro area

In April 2020, a month marked by COVID-19 containment measures in all countries, the Euro area annual inflation rate was 0.3%, down from 0.7% in March. A year earlier, the rate was 1.7%.

European Union annual inflation was 0.7% in April 2020, down from 1.2% in March. A year earlier, the rate was 1.9%.

The lowest annual rates were registered in Slovenia(-1.3%), Cyprus (-1.2%), Estonia and Greece (both -0.9%). The highest annual rates were recorded in Czechia (3.3%), Poland (2.9%) and Hungary (2.5%). Compared with March, annual inflation fell in twenty-six Member States and remained stable in one.