Eurostat, (2019), “Annual inflation down to 1.2% in the euro area“, NewsRelease – EuroIndicators 97, June
The euro area annual inflation rate was 1.2% in May 2019, down from 1.7% in April 2019. A year earlier, the rate was 2.0%. European Union annual inflation was 1.6% in May 2019, down from 1.9% in April 2019. A year earlier, the rate was 2.0%. The lowest annual rates were registered in Cyprus , Portugal and Greece. The highest annual rates were recorded in Romania, Hungary and Latvia. Compared with April 2019, annual inflation fell in sixteen Member States, remained stable in five and rose in six. In May 2019, the highest contribution to the annual euro area inflation rate came from services, followed by energy, food, alcohol & tobacco and non-energy industrial goods.
- Kontogeorgos et all, Georgios (2019), «Working Paper Series: An analysis of the Eurosystem/ECB projections«, No 2291 / June
- ECB, (2019), «Eurosystem staff macroeconomic projections for the euro area», June
- Mohamed A. El-Erian, (2019), «How Inflation Could Return», Project Syndicate, May