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 now, reacted to the event by following a horizontal course.
A 12 months in the past the inflation price was 6.1%. European Union annual inflation elevated from 2.6% in April to 2.7% in Could 2024. A 12 months in the past, this price was 7.1%. These figures have been revealed by Eurostat, the statistical workplace of the European Union.
The bottom annual charges have been recorded in Latvia (0.0%), Finland (0.4%) and Italy (0.8%). The very best annual charges have 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 Could, the best contribution to the euro space annual inflation price got here from companies (+1.83), adopted by meals, alcohol and tobacco (+0.51), non-energy industrial items (+0.18) and vitality (+0.04 pp).
*This isn’t funding recommendation.