EMU: Annual CPI falls to 0.5% in May against forecasts

FXStreet (Łódź) - According to preliminary data released today by Destatis, Eurozone annual inflation declined to 0.5% in May, from 0.7% registered the previous month. Market consensus pointed to no change.

Year-over-year Eurozone Core CPI rose 0.7% in May, down from +1% in April.