Euro zone flash inflation at 1.2% in May

June 4, 2019

(Reuters) – Inflation fell to an annual rate of 1.2% in the euro zone in May, according to a first estimate from the EU’s statistics agency released on Tuesday.

The inflation figure was below expectations. Economists polled by Reuters had expected a May estimate of 1.3%.

Eurostat’s flash estimate for the month does not include a monthly calculation.

(Reporting by Piotr Lipinski in Gdynia)

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