Euro-area inflation slowed more than economists forecast in May, cranking up pressure on the European Central Bank to deploy measures as soon as this week to drive growth.
The rate fell to 0.5 per cent from 0.7 per cent in April, the European Union’s statistics office in Luxembourg said today. The rate has been less than half the ECB’s target for eight months.
With ECB President Mario Draghi warning about the risk of...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team