Europe

Spain has been the fourth EU country with the highest inflation in May

Spain has been the fourth EU country with the highest inflation in May

The euro zone inflation rate would have been located in May in it 2.6% year-on-yeartwo tenths above the price increase observed in April, according to the preliminary estimate of the data published this Friday by the community statistical office, Eurostat, and collected by Europa Press. The interannual inflation rate of the eurozone would thus have registered its first rebound since December 2023 and would reach its highest level since last February.

The acceleration of the rise in prices in the euro region would reflect the 0.3% increase in the cost of energyafter falling 0.6% year-on-year in April, while the fresh food They rose 1.8%, six tenths more. Likewise, the non-industrial energy goods would have increased their cost by 0.8% in May, one tenth less than the previous month, but the services they would have become more expensive by 4.1%, compared to 3.7% in April.

The Lower annual inflation rates would correspond to Latvia (0.2%), Finland (0.5%), as well as Italy and Lithuania (both 0.8%).while the higher rises of prices would have been observed in Belgium (4.9%), Croatia (4.3%), Portugal (3.9%) and Spain (3.7%). Among the others large euro economiesprices would have risen 2.8% in Germany, compared to 2.4% in April, while in France they would have increased 2.7% year-on-year, three tenths more.

The community statistics office plans to publish inflation data for the month of May with more complete information next June 18.

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