Euro-zone consumer prices: 0.5 points less increase within one month

Consumer prices in the euro zone for the month of May have just been published as an advance notification. Year-on-year they are up by 1.2% (1.7% in the previous month). A value of 1.3% was expected. The core rate rose by 0.8% after 1.3% in April. This month especially the services sector is the decisive factor with +1.1% after +1.9% in the previous month. Energy prices are “only” rising by 3.8% instead of 5.3%.

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