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June 15, 2018EU AND EURO AREA CONSUMER PRICE INFLATION, MAY 2018 In May, inflation was 2.0 per cent in the European Union (up from 1.5 per cent in April) and 1.9 per cent in the Euro Area (up from 1.3 per cent in April). Inflation in both Canada and Nova Scotia also rose in the latest year-over-year results for April, Canada up 2.8 per cent and Nova Scotia up 2.2 per cent for the All-Items index.
Among member states, the fastest year-over-year inflation was reported in Romania, Estonia, Hungary and Lithuania. The lowest inflation was reported in Ireland and Greece.
In May, the highest contribution to euro area inflation came from services, energy, and food, alcohol and tobacco, and non-energy industrial goods.
Source: Eurostat
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