In April, the euro area’s annual inflation rate is estimated at 2.4%—stable compared to March—according to a flash estimate that the statistical Office of the European Union (Eurostat) published on Tuesday, 30 April.
With regard to the main components of euro-area inflation, services are expected to hit the highest annual rate in April (3.7%), followed by food, alcohol, and tobacco (2.8%); non-energy industrial goods (0.9% compared with 1.1% in March); and energy (−0.6%...