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Greece records 5th lowest inflation rate in the Eurozone

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Luxembourg (2.9%), Spain (3.1%), Netherlands (4.5%), Belgium (4.9%) and Greece (5.4%) recorded the lowest inflation rates.

Greece recorded the fifth lowest inflation rate in the Eurozone in March. The EU executive’s statistics arm, in a monthly report, said that the Eurozone inflation rate eased to 6.9% in March from 8.5% in February and 7.4% in March 2022, Eurostat said on Wednesday. In the EU, the inflation rate was 8.3% in March down from 9.9% in February but up from 7.8% in March 2022.

Luxembourg (2.9%), Spain (3.1%), Netherlands (4.5%), Belgium (4.9%) and Greece (5.4%) recorded the lowest inflation rates, while Hungary (25.6%), Latvia (17.2%) and Czech Republic (16.5%) the highest rates. In Greece, the inflation rate slowed to 5.4% in March from 6.5% in February and 8% in March 2022.