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)