Consumer prices driven by food, drink and energy costs keep climbing across the single currency area Eurozone inflation surged to 7% in April in the first increase in the last five months, data released by the European Union’s statistics office Eurostat on Tuesday showed. Consumer prices rose from 6.9% in March, driven by food prices that soared 13.6% year-on-year last month. Food, alcohol and tobacco are expected to have the highest annual rate in April, followed by non-energy industrial goods, which picked up 6.2%. Services climbed by 5.2% in April, compared with 5.1% the previous month. Energy prices were up ag
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