The European seafood sector will meet at Seafood Expo in Barcelona at the end of this month. Traders are looking forward to this important event in order to find new suppliers from outside the region, as the situation for capture fisheries in Europe is very bleak at the moment. The consumer price inflation rate in the Euro area was confirmed at 2.4 percent year-on-year in March 2024, matching the 28- month low in November 2023 and slightly exceeding the European Central Bank's target of 2 percent. Prices moderated for food, alcohol and tobacco (2.6 percent as compared to 3.9 percent in February 2024). However, the prices of seafood showed a strong uptick in April. The European Fish Price Report reported a price increase of 32 percent (the highest level experienced in recent months), while 16 percent of the prices declined.