Energy price inflation rose to 10.9% in May from 10.8% in April, while services inflation surged to 3.5% last month from 3% in April.
BRUSSELS (AFP) — Eurozone inflation rose in May as the Middle East war sent energy costs soaring, official data showed Tuesday, reinforcing the likelihood of an interest rate increase in the single currency area.
Additional Reads
Read Full Article: https://www.courthousenews.com/mideast-war-drives-eurozone-inflation-to-3-2/