In May, consumer prices in the euro area rose by 1.9% in annual terms after rising by 1.3% in April. Thus, inflation accelerated in May, its growth became the maximum for 13 months. The indicator coincided with the forecasts of analysts. Compared to the previous month, consumer prices increased by 0.5%. Without taking into account the price of energy, food and alcohol, consumer prices in the euro area increased by 1.1% in May in annual terms after rising by 0.7% in April. Annual inflation in the European Union accelerated in May to 2% compared with 1.5% a month earlier. Relative to April, prices increased by 0.5%. The highest inflation rate in annual terms was recorded in Romania – 4.6%, and Estonia - 3.1%. The lowest growth in consumer prices was observed in Ireland - by 0.7%, and Greece - by 0.8%.
Gold prices move closer to $1,800 as COVID-19 cases surpasses 10 million worldwide29.06.2020
Japan retail sales slump as pandemic curbs consumer spending26.06.2020
Oil prices climb in light of demand recovery optimism despite coronavirus fears25.06.2020
Worst may be over for virus-beaten British economy: Reuters poll