Eurozone's annual inflation climbs to 7.5%

Inflation in the eurozone has hit a record high for the sixth consecutive month, sparking further questions over how the European Central Bank will react, Report informs, citing Eurostat.

Headline inflation in the 19-member region reached 7.5% in April, according to preliminary estimates by Europe’s statistics office. In March, the figure came in at 7.4%.

In the same period last year, inflation in the eurozone was only 1.6%. In April this year, monthly inflation was 0.6%