Euro zone inflation falls to cooler-than-expected 1.9% in May, below ECB target
Publishing timestamp: 2025-06-03 09:04:56
Summary
Euro zone inflation fell below ECB's 2% target in May to 1.9%, with services inflation cooling significantly. The ECB is expected to make an interest rate decision later this week, with markets anticipating a cut. Despite global economic uncertainty, the OECD expects the euro area to expand by 1% in 2025.
Sentiment: MIXED
Keywords: inflation, business news, economy, breaking news: europe,
Source: https://www.cnbc.com/2025/06/03/euro-zone-inflation-may-2025.html