Seeking Alpha
02 Jun 2026, 20:57 UTC · 2h ago
May Euro Area Inflation: Core Inflation Reaccelerates
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Seeking Alpha
02 Jun 2026, 20:57 UTC · 2h ago
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Euro area core inflation rose to 2.5% YoY, exceeding market consensus. — Higher-than-expected core inflation increases the likelihood that the ECB will keep rates higher for longer to combat sticky price pressures.
-0.80Euro area HICP inflation accelerated to 3.2% YoY in May, the highest level since September 2023. — A headline inflation rebound suggests a reversal in the disinflationary trend, putting upward pressure on bond yields.
-0.60Services inflation reached a 7-month high of 3.5% YoY. — Persistent services inflation is a key driver of underlying price stickiness, complicating the central bank's path toward its target.
-0.40Ticker attribution
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