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<p>EURO AREA INFLATION CONFIRMED AT 3.0% AS ENERGY SURGES

• Euro Area annual inflation was confirmed at 3.0% for April 2026, marking the highest rate since September 2023.

• The reading remains significantly above the European Central Bank’s 2.0% medium-term target.

• Energy prices drove the headline increase, surging 10.8% in the sharpest increase since February 2023.

• Core inflation, excluding energy, food, alcohol, and tobacco, dropped to 2.2% from 2.3% in March.

• The core figure matches the lowest level since the 2022 invasion of Ukraine and rose 0.9% month-on-month.</p>

EURO AREA INFLATION CONFIRMED AT 3.0% AS ENERGY SURGES
• Euro Area annual inflation was confirmed at 3.0% for April 2026, marking the highest rate since September 2023.
• The reading remains significantly above the European Central Bank’s 2.0% medium-term target.
• Energy prices drove the headline increase, surging 10.8% in the sharpest increase since February 2023.
• Core inflation, excluding energy, food, alcohol, and tobacco, dropped to 2.2% from 2.3% in March.
• The core figure matches the l

EURO AREA INFLATION CONFIRMED AT 3.0% AS ENERGY SURGES • Euro Area annual inflation was confirmed at 3.0% for April 2026, marking the highest rate since September 2023. • The reading remains significantly above the European Central Bank’s 2.0% medium-term target. • Energy prices drove the headline increase, surging 10.8% in the sharpest increase since February 2023. • Core inflation, excluding energy, food, alcohol, and tobacco, dropped to 2.2% from 2.3% in March. • The core figure matches the lowest level since the 2022 invasion of Ukraine and rose 0.9% month-on-month.

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