Eurozone inflation accelerated to a fresh record high in May driven by surging energy prices, final data from Eurostat showed on Friday.
Inflation rose to 8.1 percent in May, in line with flash estimate, from 7.4 percent in April. A year earlier, the rate was 2.0 percent. Core inflation that excludes energy, food, alcohol and tobacco, increased to 3.8 percent from 3.5 percent in the previous month. The core rate also came in line with the estimate published on May 31.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.