Eurozone inflation slowed to 0.1% in May
Consumer prices in the eurozone in May 2020 rose by 0.1% in yearly terms, according to data from Eurostat. As for April, consumer prices in May fell by 0.1%. In April, consumer prices in the Eurozone rose by 0.3% in both annual and monthly terms.
Energy prices in May fell by 1.7% relative to April and by 12% year-on-year amid a coronavirus pandemic and related restrictions.
Consumer prices, not including volatile factors such as energy, food and alcohol (CPI Core index monitored by the European Central Bank), went up by 0.9% in April.