World, As Seen from the most beautiful islands: Ireland and Cyprus

Eurozone core is stable at 0.9 percent, real inflation 0.1 y/y in May


Eurozone inflation fell to 0.1 percent year-on-year in May, from 0.3 percent in April. This is mainly due to the considerably lower energy prices, according to the European statistics agency Eurostat in a final figure.

The inflation rate is in line with economists’ average expectations and a preliminary estimate. The corona crisis also had an impact, as it put pressure on the prices of certain products.

Core inflation, without the impact of sharply fluctuating prices for energy and food and beverages, was stable at 0.9 percent compared to a month earlier.

Inflation across the European Union stood at 0.6 percent, from 0.7 percent in April.

Written by: Harry Adams

Harry Adams is a political expert who has been working for various publications under pseudonyms for 11 years. He loves sarcasm and a rigid presentation of the material without decorations.

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World, As Seen from the most beautiful islands: Ireland and Cyprus

From Trinity st. to Limassol, Cyprus

Ireland and Cyprus have one thing in common. The most beautiful islands are divided. Even proportions are strikingly similar. Both nations strive for unity and a good glass of the news. More about us under the link.

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