Eurozone Inflation Rises to 3.2% in May, Driven by Energy and Services
Energy and Services Drive Inflation Up
According to Eurostat, energy recorded the highest annual inflation rate in May at 10.9%, compared to 10.8% in April. Services experienced a more pronounced acceleration, rising from 3.0% to 3.5% over the same period. Conversely, food, beverages, and tobacco declined, settling at 2.0% compared to 2.4% in April. Non-energy industrial goods saw a slight increase, from 0.8% to 0.9%.
Significant Divergences Among Member States
Data by country reveal significant disparities within the eurozone. Among the highest are Bulgaria (6.3%), Lithuania (5.1%), and Greece (5.0%), while Cyprus (3.7%) and Greece (5.0%) also register high levels. On the other hand, France remains one of the more moderate countries at 2.8%, followed by Ireland (3.5%) and Germany (2.7%). Belgium shows an inflation rate of 4.1%.
This content has been automatically translated using artificial intelligence. While we strive for accuracy, some nuances may differ from the original French version.
