Eurostat's Flash Pins Eurozone Headline HICP at 3.2% in May Against a 10.9% Energy Print — Services Reaccelerate to 3.5% as Portugal's 3.3% Reading Tracks Above the Bloc Heading Into the 5 June ECB Council
Eurostat's flash estimate released on Tuesday 2 June pins euro-area annual inflation at 3.2% in May 2026, a 20-basis-point lift on April's 3.0% print and a sharp 130-basis-point jump on the 1.9% reading a year ago. The acceleration is overwhelmingly...
