Eurozone inflation picks up again

|By:, SA News Editor

Eurozone inflation rebounded in April, with the annual rate climbing to 1.9% after taking a surprising tumble to 1.5% in the previous month.

That pushes annual consumer price rises closer to the ECB's target of just under 2%.

Reason for the spike? The main force was a big increase in energy costs, which were 7.5% higher.

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