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According to preliminary data from Eurostat, in May 2024, consumer prices in the eurozone increased by 2.6% year-on-year. Thus, inflation accelerated compared to April, when it was 2.4% and reached its lowest level since November last year. Analysts had expected inflation to accelerate to 2.5%. The growth in the cost of services accelerated to 4.1% compared with 3.7% in April. At the same time, the increase in prices for food, alcohol and tobacco products slowed to 2.6% from 2.8% a month earlier, and for industrial products – to 0.8% from 0.9%. Energy prices rose 0.3% after falling 0.6% in April. Core inflation excluding the cost of food and energy (CPI Core index) accelerated to 2.9% in May, compared with 2.7% in April, which was the lowest rate since February 2022. Experts predicted an acceleration in core inflation to 2.8%. On a monthly basis, consumer prices in the eurozone increased by 0.2% in May after rising by 0.6% in April. The highest inflation among the eurozone countries was recorded in Belgium (4.9% in annual terms), the lowest in Latvia (0.2%). In Germany, consumer prices rose by 2.8%, in France – by 2.7%, in Italy – by 0.8%, and in Spain – by 3.8%.
Scheduled maintenance will be performed on the server in the near future.
We apologize in advance if the site becomes temporarily unavailable.
БЫСТРЫЕ ССЫЛКИ
ForexMart is authorized and regulated in various jurisdictions.
(Reg No.23071, IBC 2015) with a registered office at First Floor, SVG Teachers Co-operative Credit Union Limited Uptown Building, Corner of James and Middle Street, Kingstown, Saint Vincent and the Grenadines
Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.
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