Eurozone annual inflation expected to be 1.6% in May 2010; ECB says money/credit supply unchanged in April
May 31st, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Eurozone annual inflation is expected to be 1.6% in May 2010 according to a flash estimate issued by Eurostat, the statistics office of the European Union. It was 1.5% in April. In other news, the ECB (European Central Bank) said its M3 broad measure of money and credit supply in the common currency area, was unchanged in April.