Euro zone inflation rose to 2.6 percent in May
Inflation in the Eurozone was 2.6 percent in May, exceeding April’s 2.4 percent, the statistical office of the European Union, Eurostat, announced as final data on Tuesday.
A year earlier, last May, the consumer price index in the euro area 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 calculations, energy prices in May were 0.3 percent higher than a year earlier, 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.
Services rose in price by 4.1 percent in May and more modestly by 3.7 percent in April.
Related news
GKI analysis: Why do Hungarian households live more poorly than anyone else in the EU?
Imagine that the residents of every EU country shop in…
Read more >Inflation in Italy accelerated to 1.7 percent in June
In Italy, consumer prices rose by 1.7 percent year-on-year in…
Read more >MNB Director: The central bank expects 4.7 percent annual inflation this year
Inflation is expected to exceed the central bank’s tolerance band…
Read more >Related news
GKI analysis: Why do Hungarian households live more poorly than anyone else in the EU?
Imagine that the residents of every EU country shop in…
Read more >KSH: industrial producer prices decreased by 0.7 percent in May 2025 compared to the previous month, and increased by an average of 6.9 percent compared to a year earlier
In May 2025, industrial producer prices were 6.9 percent higher…
Read more >Consumption drives the economy
According to the latest forecast by the Balance Institute, the…
Read more >