Eurozone annual inflation is expected to be 1.6% in May 2010 according to a flash estimate issued by Eurostat, the statistics office of the European Union. It was 1.5% in April. In other news, the ECB (European Central Bank) said its M3 broad measure of money and credit supply in the common currency area, was unchanged in April.
Related posts:
- European Central Bank reports slight improvement in annual growth rate of money and credit in the Eurozone economy in March
- Eurozone annual inflation is expected to be 1.0% in January; ECB says bank lending will remain tight in Q1 2010; M3 was negative again in December
- Eurozone’s money supply continued to grow at a slow pace in July
- Eurozone annual inflation is expected to be 2.6% in March 2011 – - making ECB interest rate hike in April very likely
- Eurozone M3 money supply growth grew slightly in March and lending to the private sector fell