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Euro area inflation slips to 2.2% in March; EU rate at 2.5%: Eurostat



Euro area inflation slips to 2.2% in March; EU rate at 2.5%: Eurostat

The euro area annual inflation rate was 2.2 per cent in March 2025, down from 2.3 per cent in February and 2.4 per cent in March 2024. Inflation across the European Union (EU) was 2.5 per cent in March 2025, down from 2.7 per cent in February and 2.6 per cent in March 2024, as per Eurostat, the statistical office of EU.

The lowest annual rates were registered in France (0.9 per cent), Denmark (1.4 per cent) and Luxembourg (1.5 per cent). The highest annual rates were recorded in Romania (5.1 per cent), Hungary (4.8 per cent) and Poland (4.4 per cent). Compared with February 2025, annual inflation fell in sixteen Member States, remained stable in one and rose in ten.

Euro area annual inflation eased to 2.2 per cent in March 2025 from 2.3 per cent in February, while EU inflation fell to 2.5 per cent from 2.7 per cent, Eurostat reported.
France recorded the lowest rate (0.9 per cent) and Romania the highest (5.1 per cent).
Inflation declined in 16 Member States.
Services contributed most to euro area inflation, while energy had a slight deflationary effect.

In March 2025, services made the largest contribution to the annual inflation rate in the euro area (+1.56 percentage points), followed by food, alcohol and tobacco (+0.57 pp), non-energy industrial goods (+0.16 pp), while energy had a negative impact (-0.10 pp), Eurostat said in a press release.

Fibre2Fashion News Desk (SG)




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