Write an article out this information as a journalist based in Malta:
52/2023 - 2 May 2023
Flash estimate - April 2023
Euro area annual inflation up to 7.0%
Euro area annual inflation is expected to be 7.0% in April 2023, up from 6.9% in March according to a flash
estimate from Eurostat, the statistical office of the European Union.
Looking at the main components of euro area inflation, food, alcohol & tobacco is expected to have the highest
annual rate in April (13.6%, compared with 15.5% in March), followed by non-energy industrial goods (6.2%,
compared with 6.6% in March), services (5.2%, compared with 5.1% in March) and energy (2.5%, compared
with -0.9% in March).

Euro area annual inflation and its components, %
Weights
(‰)
Monthly
rate
2023 Apr 22 Nov 22 Dec 22 Jan 23 Feb 23 Mar 23 Apr 23 Apr 23
All-items HICP 1000.0   7.4   10.1    9.2   8.6   8.5   6.9   7.0e   0.7e
All-items excluding:
> energy  897.7   4.1   7.0   7.2   7.3   7.8   7.9   7.5e   0.8e
> energy, unprocessed food  852.7   3.9   6.6   6.9   7.1   7.4   7.5   7.3e   1.0e
> energy, food, alcohol & tobacco  697.9   3.5   5.0   5.2   5.3   5.6   5.7   5.6e   1.0e
Food, alcohol & tobacco  199.8   6.3   13.6    13.8    14.1    15.0    15.5    13.6e    0.2e
> processed food, alcohol & tobacco  154.8   5.4   13.6    14.3    15.0    15.4    15.7    14.7e    0.7e
> unprocessed food   45.0   9.2   13.8    12.0    11.3    13.9    14.7    10.0e   -1.5e
Energy  102.3   37.5    34.9    25.5    18.9    13.7   -0.9   2.5e  -0.8e
Non-energy industrial goods  262.7   3.8   6.1   6.4   6.7   6.8   6.6   6.2e   0.7e
Services  435.3   3.3   4.2   4.4   4.4   4.8   5.1   5.2e   1.2e
Annual rate
e estimate


Inflation rates (%) measured by the HICP
Monthly
rate
Apr 22 Nov 22 Dec 22 Jan 23 Feb 23 Mar 23 Apr 23 Apr 23
Belgium   9.3   10.5    10.2    7.4   5.4   4.9   3.3e  -1.3e
Germany   7.8   11.3    9.6   9.2   9.3   7.8   7.6e   0.6e
Estonia   19.1    21.4    17.5    18.6    17.8    15.6    13.2e    1.9e
Ireland   7.3   9.0   8.2   7.5   8.1   7.0   6.3e   0.3e
Greece   9.1   8.8   7.6   7.3   6.5   5.4   4.5e   1.1e
Spain   8.3   6.7   5.5   5.9   6.0   3.1   3.8e   0.5e
France   5.4   7.1   6.7   7.0   7.3   6.7   6.9e   0.7e
Croatia   9.6   13.0    12.7    12.5    11.7    10.5    8.8e   1.1e
Italy   6.3   12.6    12.3    10.7    9.8   8.1   8.8e   1.0e
Cyprus   8.6   8.1   7.6   6.8   6.7   6.1   3.8e   0.8e
Latvia   13.1    21.7    20.7    21.4    20.1    17.2    15.0e    0.5e
Lithuania   16.6    21.4    20.0    18.5    17.2    15.2    13.3e    0.2e
Luxembourg   9.0   7.3   6.2   5.8   4.8   2.9   2.7e   0.7e
Malta   5.4   7.2   7.3   6.8   7.0   7.1   6.5e   3.2e
Netherlands   11.2    11.3    11.0    8.4   8.9   4.5   5.9e   1.7e
Austria   7.1   11.2    10.5    11.6    11.0    9.2   9.6e   1.0e
Portugal   7.4   10.2    9.8   8.6   8.6   8.0   6.9e   1.3e
Slovenia   7.4   10.8    10.8    9.9   9.4   10.4    9.2e   1.0e
Slovakia   10.9    15.1    15.0    15.1    15.4    14.8    14.0e    0.6e
Finland   5.8   9.1   8.8   7.9   8.0   6.7   6.4e   0.1e
Annual rate
e estimate Source dataset: prc_hicp_manr
Geographical information
The euro area consists of Belgium, Germany, Estonia, Ireland, Greece, Spain, France, Croatia, Italy, Cyprus, Latvia, Lithuania,
Luxembourg, Malta, the Netherlands, Austria, Portugal, Slovenia, Slovakia and Finland.
The euro area data refer to the country composition at a specific point in time. Changes in the composition of the euro area are
incorporated using a chain index formula.
Methods and definitions
Annual inflation is the change of the price level of consumer goods and services between the current month and the same
month of the previous year. Monthly inflation is the change of the price level between the current month and the previous
month.
Revisions and timetable
The euro area inflation flash estimate is issued at the end of each reference month.
The complete set of harmonised indices of consumer prices (HICP) for the euro area, EU and Member States is released
around the middle of the month following the reference month. The next release with full data for April 2023 is scheduled for 17
May 2023.
For more information
Eurostat website section on inflation
Eurostat database section on inflation
Eurostat Statistics Explained article on inflation in the euro area
Eurostat metadata on inflation
Eurostat Euro indicators dashboard
Eurostat €-indicators release calendar
European Statistics Code of Practice
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