The highest inflation of the past two and a half years was measured in May in the euro area

By: Trademagazin editor Date: 2021. 06. 17. 11:10

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In May, the highest inflation in the euro area was two and a half years ago, according to a Thursday report by Eurostat, the European Union’s statistical office.

Inflation rose to 2.0 percent in May, the highest since October 2018, in the euro area from 1.6 percent in April. Inflation in the eurozone was 0.1 percent in May last year.

Compared with the previous month, consumer prices in the euro area rose by 0.3 percent in May after the 0.6 percent in April. (MTI)