The annual inflation rate of the euro zone fell, in May, to 6.1% and that of the European Union (EU) to 7.1%, driven by the decline in energy prices, announced this Friday Eurostat.
In the euro zone, the annual inflation rate has slowed both from 7.0% in April, and compared to 8.1% in May 2022, the EU statistical service reveals, confirming the published flash estimate. begining of June.
In the EU, the indicator slowed down in May compared to the rate of 8.1% registered in April and 8.8% in the same month of 2022.
The slowdown in inflation in the euro zone is mainly due to the fall in energy prices, which registered deflation of 1.8% in May, compared to the year-on-year increase of 39.1% and the 2.3% registered in April.
The food, alcohol and tobacco component registered an inflation rate of 12.5% in May, compared to 7.5% in the same month of 2022 and 14.6% in April.
Excluding energy and unprocessed food components, the inflation rate in the Eurozone was 6.9% in May.
Source: TSF
