Global Economic News

Eurozone Inflation Nears Zero, Lowest Since Mid-2016

Eurozone inflation moved close to stagnation in May and was the lowest in nearly four years, driven by a sharp fall in energy prices, flash data from Eurostat showed Friday.

Inflation slowed to 0.1 percent from 0.3 percent in April. This was the lowest since June 2016, when prices remained unchanged. The May inflation rate came in line with expectations.

Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe Now
Already subscribed? Sign in

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

More Global Economic News