Arab Today, arab today eurozone inflation rises slightly but still negative in may
Last Updated : GMT 07:15:03
Arab Today, arab today
Arab Today, arab today

Eurozone inflation rises slightly but still negative in May

Arab Today, arab today

Arab Today, arab today Eurozone inflation rises slightly but still negative in May

Euro
Brussels - Xinhua

- The annual inflation rate in the 19-country eurozone was at minus 0.1 percent in May, official data showed on Thursday, rose marginally from the minus 0.2 percent in the previous month.

A year earlier the rate was 0.3 percent.

In the 28-member bloc EU, the annual inflation rate was also minus 0.1 percent in May, up from the minus 0.2 percent in April, said Eurostat, the statistics agency of the EU.

In May 2015, the rate was 0.3 percent.

In May 2016, negative annual rates were observed in 16 EU member states. The lowest annual rates were registered in Romania, at minus 3.0 percent, followed by Bulgaria with minus 2.5 percent and Cyprus with minus 1.9 percent.

The highest annual rates among EU countries were recorded in Belgium at 1.6 percent, followed by Malta and Sweden.

Compared with the previous month, annual inflation fell in nine EU countries, remained stable in eight and rose in 11.

The details in the final report are virtually unchanged from the flash estimate released at the beginning of the month.

The largest upward impacts to euro area annual inflation came from restaurants and cafes, rents and tobacco, while fuels for transport, heating oil and gas had the biggest downward impacts, Eurostat said.

Economists argued that May's reading stood weaker than expectations but forecast the inflation to climb over in the coming months. The bloc was predicted to get out of deflation in the second half of this year.

Claus Vistesen, Chief Eurozone Economist of Pantheon Macroeconomics predicted that inflation in the Eurozone will rise to a reading between 1.2 percent to 1.4 percent towards the end of the year, helped by higher energy and food prices, and modestly higher core inflation.

The inflation in the single currency bloc unexpectedly fell into negative territory in February and stood at zero in March, raising concerns on the effectiveness of the bloc's stimulus efforts. 

source : xinhua 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today eurozone inflation rises slightly but still negative in may Arab Today, arab today eurozone inflation rises slightly but still negative in may

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today eurozone inflation rises slightly but still negative in may Arab Today, arab today eurozone inflation rises slightly but still negative in may

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today A no-frills business success

GMT 07:00 2017 Wednesday ,20 September

A no-frills business success
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today France opens door to post-2025 talks

GMT 05:16 2017 Wednesday ,20 September

France opens door to post-2025 talks
Arab Today, arab today Equifax executives step down

GMT 16:16 2017 Saturday ,16 September

Equifax executives step down
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today New Zealand opposition looks

GMT 10:35 2017 Thursday ,14 September

New Zealand opposition looks
Arab Today, arab today France hopeful of persuading Trump

GMT 06:21 2017 Wednesday ,20 September

France hopeful of persuading Trump
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Five trends at the Frankfurt auto show

GMT 12:04 2017 Monday ,18 September

Five trends at the Frankfurt auto show
Arab Today, arab today Renault-Nissan to launch

GMT 10:44 2017 Saturday ,16 September

Renault-Nissan to launch
Arab Today, arab today Eman Al Assy receives three offers

GMT 06:31 2017 Saturday ,16 September

Eman Al Assy receives three offers
Arab Today, arab today 5,000 'Dieselgate' deaths in Europe per year

GMT 19:18 2017 Monday ,18 September

5,000 'Dieselgate' deaths in Europe per year

GMT 11:10 2017 Friday ,15 September

Fadl Shaker retreats from surrendering himself

GMT 05:05 2017 Tuesday ,12 September

Pregnant woman's suicide roils China

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 15:49 2017 Friday ,15 September

'Severe' Typhoon Doksuri pounds Vietnam

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 04:26 2017 Wednesday ,20 September

Opioid overdose deaths take 2.5 months

GMT 11:40 2017 Monday ,18 September

Russia and Iraq restore air travel

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:56 2017 Friday ,15 September

Apple's grand plan in Ireland held up by a forest

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday