Sundaymail Editor
Euro zone inflation rose to yet another record high in May, challenging the European Central Bank view that gradual interest rate increases from July will be enough to tame stubbornly high price growth.
Inflation in the 19 countries sharing the euro accelerated to 8,1 percent in May from 7,4 percent in April, beating expectations for 7,7 percent as price growth continued to broaden, indicating that it is no longer just energy pulling up the headline figure. – Reuters
Online Reporter