Eurozone CPI rises to 2.6% in May, CPI core up to 2.9%

Eurozone CPI accelerated from 2.4% yoy to 2.6% yoy in May, above expectation of 2.5% yoy. CPI core (ex-energy, food, alcohol & tobacco) also jumped from 2.7% yoy to 2.9% yoy, above expectation of 2.7% yoy. Looking at the main components, services is expected to have the highest annual rate in May (4.1%, compared with […]

The post Eurozone CPI rises to 2.6% in May, CPI core up to 2.9% appeared first on Action Forex.