EZ March inflation revised up as Iran war impacts energy prices

(Sharecast News) - Eurozone was revised upwards slightly for March after the impact of the Iran war on energy prices was taken into account, according to official data published on Thursday.

Consumer prices were up 2.6% year on year last month, compared with 1.9% in February and the flash estimate 2.5% published on March 31.

Energy inflation for the month was revised up to 5.1% from 4.9%. Meanwhile, core inflation, which strips out volatile energy and food costs, was unchanged from the flash reading at 2.3%, according to the European Union statistics office Eurostat.

Reporting by Frank Prenesti for Sharecast.com