Eurozone May CPI rise to zero record lows

Source: Internet
Author: User
Keywords Euro increase deflation the same period
Tags agency consumer consumer price index data index network released set
Xinhua Beijing, May 31, according to the Wall Street Journal Chinese Network News, the eurozone May consumer price index (CPI) rose to zero in the same period a year ago, causing deflation worries further increase.  The euro zone's CPI in May rose to zero from a year earlier, well below the April 0.6%, the lowest year-on-year increase in the 1996-year record, according to Eurostat data released 29th. Economists surveyed by Dow Jones news Agency last week expected a 0.2% increase in CPI in May. Inflation in May was also well below the ECB's inflation target of less than 2% per cent.
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