{"id":65614,"date":"2022-05-18T13:31:37","date_gmt":"2022-05-18T09:31:37","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=65614"},"modified":"2022-05-18T13:32:35","modified_gmt":"2022-05-18T09:32:35","slug":"eurozone-final-inflation-rises-0-6-mom-in-april","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/eurozone-final-inflation-rises-0-6-mom-in-april\/05\/18\/market-updates\/","title":{"rendered":"Eurozone final inflation rises 0.6% MoM in April"},"content":{"rendered":"\n<p>Eurozone inflation held steady at a record high 7.4% in April, driven by soaring fuel and food costs, the EU&#8217;s statistics agency said today, lowering its estimate from a preliminary 7.5%.<\/p>\n\n\n\n<p>Inflation has soared over the past year, first on post-Covid supply bottlenecks and latterly on knock-on effects from Russia&#8217;s war in Ukraine.<\/p>\n\n\n\n<p>This has pushed up prices of everything from raw materials to finished industrial goods.<\/p>\n\n\n\n<p>Price presses are now so broad that even underlying inflation, which filters out volatile food and fuel costs, is well above the European Central Bank&#8217;s 2% target, indicating that high price growth is at risk of getting entrenched.<\/p>\n\n\n\n<p>Inflation excluding energy and food accelerated to 3.9% in April from 3.2% in March while an even narrower measure also filtering out alcohol and tobacco picked up to 3.5% from 3%, Eurostat said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Eurozone inflation held steady at a record high 7.4% in April, driven by soaring fuel and food costs, the EU&#8217;s statistics agency said today, lowering its estimate from a preliminary 7.5%. Inflation has soared over the past year, first on post-Covid supply bottlenecks and latterly on knock-on effects from Russia&#8217;s war in Ukraine. This has &hellip;<\/p>\n","protected":false},"author":9,"featured_media":44251,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[7562,7202,8310,6923,6928,6837,6987],"class_list":["post-65614","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-andrew-bailey","tag-bank-of-england","tag-christine-lagarde","tag-ecb","tag-euro","tag-eurozone","tag-inflation"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/65614","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=65614"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/65614\/revisions"}],"predecessor-version":[{"id":65616,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/65614\/revisions\/65616"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/44251"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=65614"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=65614"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=65614"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}