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Annual inflation in France ran at 2.2% in April, the country's statistical office INSEE revealed in its final report on Wednesday. Month on month, the Consumer Price Index (CPI) rose 0.5%. Both figures were in line with the preliminary report.
The world's leading cryptocurrency surged on Wednesday following the release of the latest inflation data. Bitcoin (BTC) increased more than 5% to reach an intraday high of $64,644.
Earlier, the US Bureau of Labor Statistics revealed that the annual inflation rate in the United States was 3.4% in April, aligning with analysts' expectations and marking a slight decline compared to the 3.5% recorded in March.
The annual inflation rate in Italy clocked in at 0.8% in April, the Italian National Institute of Statistics (Istat) stated in its final report on Thursday, down from the provisional estimate of 0.9%. The figure came in below market estimates and lower than the March reading of 1.2%.
