Inflation in the eurozone jumped to 1.7 percent in April, the Eurostat data agency showed on Friday, fuelled by a surprise surge in prices in Germany.

Analysts surveyed by data company Factset had predicted a more modest rebound to 1.6 percent, up from the 1.4 percent logged in March.

A rise in prices was expected due to the late timing of the Easter holiday, but the final number exceeded expectations, though a drop is expected later in the year as energy prices fall.

The price spike will be welcome news for the European Central Bank, which has delivered years of ultralow interest rates and pushed trillions of euros in stimulus towards stoking inflation across the 19-nation eurozone to its target of just below 2.0 percent.

Central bankers will also closely evaluate the rise in core inflation, which strips out volatile prices such as energy, that reached 1.2 percent in April, up from 0.8 percent in March.

The rise in inflation comes as worries grow about the European economy, though growth data on

Tuesday showed the eurozone was not in immediate risk of falling into a recession. Germany and Italy account for much of a feared slowdown, with export-oriented Germany suffering the effects of the US-China trade war and Italy expected to stagnate owing to high debt levels and muted domestic demand.

Before Friday's data, Eurozone central bankers last month slashed their price growth predictions, seeing inflation rising from just 1.2 percent this year to 1.6 percent in 2021 -consistently off the 2.0 percent target.