ISTANBUL
The annual inflation rate was at 1.9% in May in the euro area, down from 2.2% in April, Eurostat announced on Wednesday.
The rate was also at 2.2% in the European Union as of May, down from 2.4% in April, Eurostat noted.
In May 2025, the highest contribution to the annual euro area inflation rate came from services, followed by food, alcohol & tobacco, non-energy industrial goods, and energy.
The lowest annual rates were registered in Greek Cypriot (0.4%), France (0.6%), and Ireland (1.4%).
The highest annual rates were posted by Romania (5.4%), Estonia (4.6%), and Hungary (4.5%).
Compared with April 2025, annual inflation fell in 14 member states, remained stable in one, and rose in 12.
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