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FLGR - Euro area inflation rate accelerates to 2.6% in May as expected
Franklin FTSE Germany
2024-06-18 05:12:37 ET
Annual inflation rate in the Euro Area increased to 2.6% in May 2024 from 2.4% in each of the previous two months, in line with the preliminary figures.
The largest upward contribution came from the services sector.
Meanwhile, the core rate which excludes prices for energy, food, alcohol and tobacco also increased to 2.9% from 2.7%.