Eurozone Preliminary HICP inflation steadies at 2.2% YoY in April vs. 2.1% expected

The Eurozone Harmonized Index of Consumer Prices (HICP) increased 2.2% year-over-year (YoY) in April, at the same pace as seen in March, the official data released by Eurostat showed Friday. The market consensus was for a 2.1% reading in the reported period.

The core HICP rose 2.7% over the year in April against a 2.4% acceleration in March, beating the 2.5% expectations.