Annual inflation up to 2.6% in the euro area
The annual inflation rate from the euro zone It was 2.6% in May 2024, compared to 2.4% in April. A year earlier, the rate was 6.1%. annual inflation of the European Union It was 2.7% in May 2024, compared to 2.6% in April. A year earlier, the rate was 7.1%. These figures are published by Eurostat, the statistical office of the European UnionDisconnecting Switch
The lowest annual rates were recorded in Latvia (0.0%), Finland (0.4%) and Italy (0.8%). The highest annual rates were recorded in Romania (5.8%), Belgium (4.9%) and Croatia (4.3%). Compared to April, annual inflation decreased in eleven Member States, remained stable in two and increased in fourteen.
In May, the largest contribution to the annual inflation rate from the euro zone came from services (+1.83 percentage points, pp), followed by food, alcohol and tobacco (+0.51 pp), non-energy industrial goods (+0.18 pp) and energy. (+0.04 percentage points).
For more information, consult Eurostat:
PUBLICATION
