Eurozone Inflation Jumps to 3% Amid Energy Price Spike Fueled by Iran War
Mădălin Mihai
Inflation in the euro area is picking up sharply again. According to Eurostat, the statistical office of the European Union, the annual inflation rate rose to 3.0 percent in April 2026, up from 2.6 percent in March. This means that price increases are once again moving away from the European Central Bank’s target. The ECB is responding to this development with caution and is leaving its key interest rates unchanged for the time being. Here is an overview of the countries: Annual rate Monthly
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