Eurozone Inflation was 3.7% in May - the highest since June 1992; Food and energy price costs both accelerated
Jun 16th, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Eurozone
annual inflation was 3.7% in May 2008, up from 3.3% in April. It
was the highest since June 1992. In May 2007, the rate was 1.9%. Monthly
inflation was 0.6% in May 2008. Food-price inflation rose to 6.4% in May from 6%
in April, while energy prices rose 13.7% from a year earlier, up from a 10.8%
increase the previous month.