Higher core inflation in Eurozone sets up ECB tightening in June

Headline price growth arrived as expected but secondary effects have started to emerge

Euro Area inflation climbs to 3.2% in May; core CPI hits 2.5%

Inflation up 3% in May

Compared to April, Finland saw prices rise by 0.7 percent last month.

Euro Area Inflation Tops 3.0% For First Time Since 2023, Cementing ECB Rate Hike

Euro Area Inflation Tops 3.0% For First Time Since 2023, Cementing ECB Rate Hike Euro Area inflation topped 3% for the first time since September 2023, further cementing expectations for a rate hike when the ECB meets next week.  Consumer prices rose 3.2% from a year ago in May, and up from 3% the previous month, in line expectations. But core inflation, which excludes volatile items like food and energy, jumped more than anticipated to 2.5% (technically 2.55%), while the closel...

By Tyler Durden

Mideast war pushes eurozone inflation to 3.2% in May

Eurozone inflation picked up further in May as the Middle East war sent energy costs soaring, official data showed Tuesday, reinforcing the likelihood of an interest rate hike in t...

Dutch inflation climbs sharply to 3.5%, driven by energy costs

The Dutch annual rate of inflation rose to 3.5% in May, up from 2.8% in April, according to a preliminary...

By Louis Gore-Langton

High energy prices push Dutch inflation to 3.5% in May

Daily life in the Netherlands became 3.5 percent more expensive in May than a year earlier, Statistics Netherlands (CBS) reported based on a quick estimate.

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