ECB Rate Hike in Focus as Eurozone's 'Big Four' Post High Inflation
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3 Articles
Top euro zone countries see Iran inflation fallout broaden in May
FRANKFURT, May 29 (Reuters) - Inflation in the euro zone's four largest economies hovered above the European Central Bank's 2% target for a third straight month in May, preliminary data showed on Friday, as a rise in fuel costs triggered by the Iran war began to feed through to other prices.Readings from France, Italy, Spain and some of Germany's largest and most economically important states are likely to cement the case for a rate hike from …
Euro zone inflation stays above ECB target as Iran fallout widens
Inflation in the euro zone's four largest economies remained above the European Central Bank's 2% target for a third consecutive month in May, according to preliminary data released on Friday.Rising fuel costs linked to the Iran war continued to affect consumer prices, with signs that higher energy costs are spreading to other parts of the economy.The latest figures from France, Italy, Spain and Germany's largest and most economically significan…
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