According to Eurostat's preliminary estimates, annual inflation in the Eurozone decreased by almost two percentage points compared to February.
The European Statistical Office published such data on March 31.
Inflation in March 2023 relative to March 2022 prices is estimated at 6.9%, compared to 8.5% in February.
By category of products, the prices of food, alcohol and tobacco increased the most. In these categories, contrary to the general trend, inflation increased (15.4% against 15% in February).
Next on the list are non-energy industrial goods (6.6% compared to 6.8% in February), services (5% compared to 4.8% in February). At the same time, inflation for energy was -0.9% compared to 13.7% in February.
The situation is significantly different for different eurozone member countries. The highest inflation is maintained in the Baltic countries (over 15% in Lithuania and Estonia, 17.3% in Latvia), Slovakia (14.8%), as well as Slovenia and Croatia (over 10%).
In February, inflation decreased insignificantly - to 8.5% from 8.6% in January.
We will remind you that the European Commission gave a positive forecast for the EU economy in 2023.