Eurozone inflation reaches 3.2%
The inflation rate in the Eurozone increased to 3.2% in May 2026, reaching its highest level since September 2023, with core inflation continuing to rise to 2.6%. Inflation remains above the European Central Bank's target of 2% for the third consecutive month, reinforcing prospects of another interest rate hike. The monthly consumer price index rose by 0.1% during the same month.
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