Euro zone inflation rose to 2.6 percent in May
Eurozone inflation was higher than the 2.5 percent expected by analysts, at 2.6 percent in May, exceeding April’s 2.4 percent, Eurostat, the statistical office of the European Union, announced as non-final data on Friday.
A year earlier, in May of last year, the rate of annual increase in the euro zone consumer price index was 6.1 percent.
In a monthly comparison, consumer prices increased by 0.2 percent in May after 0.6 percent in April.
According to Eurostat’s preliminary calculations, energy prices rose by 0.3 percent year-on-year in May, after an annual decrease of 0.6 percent was recorded in April.
The annual growth rate of the prices of food, alcoholic beverages and tobacco products slowed to 2.6 percent in May from 2.8 percent in April.
Related news
Frost hits Hungarian orchards – season starts with price hike and supply shortage
As May marks the last month of spring and the…
Read more >Sentix: Eurozone investor confidence index improved significantly in May
The Sentix eurozone investor confidence index for May improved more…
Read more >Food inflation in Turkey slowed slightly in April
In Turkey, annual inflation slowed to 37.86 percent, the lowest…
Read more >Related news
Nestlé rolls out KitKat chocolate tablets in Romania
Nestlé has launched a new 99g KitKat chocolate tablet line…
Read more >North Macedonian Discounter Stokomak Expands To Serbia
North Macedonia’s hard discounter Stokomak has launched its first Serbian…
Read more >Barilla debuts Al Bronzo collection
Barilla has announced the return of its Al Bronzo pasta…
Read more >