Eurozone core CPI was introduced as 2.9% yearly (anticipated 2.9%, earlier 2.9%).
Eurozone annual CPI was 2.6% (estimated 2.6%, earlier 2.6%).
Bitcoin value, which decreased right this moment, reacted to the event by following a horizontal course.
A yr in the past the inflation charge was 6.1%. European Union annual inflation elevated from 2.6% in April to 2.7% in Might 2024. A yr in the past, this charge was 7.1%. These figures had been printed by Eurostat, the statistical workplace of the European Union.
The bottom annual charges had been recorded in Latvia (0.0%), Finland (0.4%) and Italy (0.8%). The best annual charges had been recorded in Romania (5.8%), Belgium (4.9%) and Croatia (4.3%). In comparison with April, annual inflation decreased in eleven member states, remained secure in two member states and elevated in fourteen member states.
In Might, the best contribution to the euro space annual inflation charge got here from providers (+1.83), adopted by meals, alcohol and tobacco (+0.51), non-energy industrial items (+0.18) and power (+0.04 pp).
*This isn’t funding recommendation.
