The rate of inflation has declined in the euro area
According to the preliminary data, the rate of inflation has fallen in the euro area in May, according to Eurostat, the statistical office of the Union.
Consumer prices rose by 1.4 percent in May, compared with the 1.9 percent of April.
Preliminary data show that energy prices increased by 4.6 percent after the 7.6 percent of April, and the rise in service prices fell to 1.3 percent in May from the 1.8 percent of the previous month. The pace of increase of the food, alcohol, tobacco and industrial goods prices did not change in May, remained 1.5 percent and 0.3 percent. (MTI)
Related news
Consumer sentiment in the euro area improved to a more than two-year high in April
Consumer sentiment in the eurozone improved somewhat less than expected,…
Read more >Is another food price increase expected soon?
In recent weeks, there has been some relief in terms…
Read more >Domestic businesses are planning cautiously but consciously – VOSZ Barometer business sentiment analysis – Q1 2024
Uncertainty is still strongly felt in the business mood of…
Read more >Related news
What do shoppers say about the new retail tools?
At the beginning of the year, Consumer Panel Hungary GfK–YouGov asked panel…
Read more >Special foods ranking: 1. Diabetic, 2. Low-carb, 3. Lactose-free
Different special diets and foods are frequently discussed, and it…
Read more >Community in the community
The recent MasterWorks business workshop of Hungarian Product Nonprofit Kft.…
Read more >