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June 18, 2024EU AND EURO AREA CONSUMER PRICE INDEX, MAY 2024 Year-over-year (April 2024 vs April 2023)
The inflation rate rose to 2.7% in the European Union and to 2.6% in the Euro Area in May 2024.
The fastest inflation was reported in Romania (5.8%) while the slowest inflation rates were in Latvia and Finland (0.0% and 0.4% respectively).
Energy prices rose 0.5% in the European Union and 0.3% in the Euro Area in May 2024.
Food price inflation has continued to slow to 1.4% for the European Union and remained unchanged at 1.9% in the Euro Area in May 2024.
Excluding the impacts of energy, food, alcohol and tobacco prices year-over-year inflation rose to 3.2% in the European Union and to 2.9% in the Euro Area in May 2024.
Source: Eurostat; Eurostat Data
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