Inflation is also running out of steam in Germany

The good news follows on the side of inflation in the euro zone…

Photo credit © ECB

( — The good news is linked to inflation in the euro zone. According to preliminary data from the Federal Statistical Office, the annual inflation rate, calculated according to European standards, stood at 6.3% in May against 7.6% in April and against a consensus of 6 .7%. Sequentially, consumer prices should fall by 0.2%, after +0.6% in April, and against +0.2% expected. By local standards, annual inflation should come out at 6.1%, after +7.2% the previous month, and against +6.5% consensus.


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