*Eurozone inflation came in at 3.2% year-on-year in May, from 3.0% YoY in April. This is the highest level since September 2023 but still broadly in line with the ECB’s baseline scenario from March. Core inflation increased to 2.5% YoY, from 2.2% YoY in April. A week ahead of the next ECB meeting, this is the expected uptick in inflation that will motivate the central bank to decide on an ‘insurance’ hike* wrote ING analysts. Inflation to increase further, but only gradually and moderately With

Tag-uri: Inflatie