Eurozone inflation reaches target for first time since 2018

ecb

Prices in the eurozone are estimated to have risen year on year by 2% in May, according to official statistical agency Eurostat.

This is the first time since October 2018 that the harmonised index of consumer prices (HICP) inflation has hit the upper bound of the European Central Bank’s inflation target.

The reading confirms the rebound in prices that the region – in common with many other economies – is experiencing in 2021. From September 2020 through December, inflation stood at -0.3%

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: