According to estimates by the European Statistical Office (Eurostat), the annual inflation rate in the Eurozone reached 3.6% in May this year. Thus, inflation in Europe once more accelerated given that in April the grow rate had been 3.3% (revised). The estimates for May are based on data on prices already provided by some member states as well as energy prices.
Explanations:
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EZ15: Belgium, Germany, Ireland, Greece, Spain, France, Italy, Luxembourg, the Netherlands, Austria, Portugal, Slovenia, Finland, Cyprus and Malta.
