Financial Wire

Eurozone's Annual Inflation Rate Climbs to 2.6% in March, Final Data Shows

-- Annual inflation in the euro area climbed to 2.6% in March from 1.9% in February, according to final data from Eurostat published Thursday.

The final reading is higher than the flash estimate of 2.5%.

On a monthly basis, consumer prices were 1.3% higher, compared with the preliminary reading of 1.2%.

Excluding energy, food, alcohol and tobacco, the annual inflation rate came in at 2.3%, in line with the initial reading but below the previous month's 2.4%. Month over month, core consumer prices were 0.8% higher, matching the preliminary estimate.

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