Annual inflation down to 6.9% in the euro area

The euro area annual inflation rate was 6.9% in March 2023, down from 8.5% in February. A year earlier, the rate was 7.4%. European Union annual inflation was 8.3% in March 2023, down from 9.9% in February. A year earlier, the rate was 7.8%. These figures are published by Eurostat, the statistical office of the European Union.