Euro zone inflation hits record high due to increase in food and energy prices
Euro area annual inflation is expected to be 8.1% in May 2022, up from 7.4% in April according to a flash estimate from Eurostat, the statistical office of the European Union.
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“Looking at the main components of euro area inflation, energy is expected to have the highest annual rate in May (39.2%, compared with 37.5% in April), followed by food & tobacco (7.5%, compared with 6.3% in April), non-energy industrial goods (4.2%, compared with 3.8% in April) and services (3.5%, compared with 3.3% in April),” Eurostat said. (ILKHA)
Bu haberler de ilginizi çekebilir
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Turkish Treasury and Finance Minister Mehmet Şimşek has emphasized the positive effects of the country’s ongoing disinflation process on inflation expectations across various sectors.
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The United Nations has expressed deep concern over the intensifying conflict between Israeli forces and Hezbollah, warning of the rising violence and its toll on both sides, particularly the Lebanese Armed Forces.
