Greece's annual inflation rate rose to 4.3 pct in March from 4.2 pct in February, Eurostat said on Friday.

The EU executive's statistics agency, in a report, said the inflation rate in the Eurozone rose to 2.7 pct in March from 2.4 pct in February, sharply up from 1.6 pct in March 2010. In the EU-27, the inflation rate rose to 3.1 pct from 2.9 pct and 2.0 pct over the same periods, respectively.

Ireland (1.2 pct), Sweden (1.4 pct) and Czech Republic (1.9 pct) recorded the lowest inflation rates in March, while Romania (8.0 pct), Estonia (5.1 pct), Bulgaria and Hungary (4.6 pct each) recorded the highest inflation rates. The inflation rate rose in 18 member-states, it was unchanged in five and fell in fourh member-states in March.