The euro area annual inflation rate was 6.1% in May 2023, down from 7.0% in April. A year earlier, the rate was 8.1%. European Union annual inflation was 7.1% in May 2023, down from 8.1% in April. A year earlier, the rate was 8.8%. These figures are published by Eurostat, the statistical office of the European Union. The lowest annual rates were registered in Luxembourg (2.0%), Belgium (2.7%), Denmark and Spain (both 2.9%). The highest annual rates were recorded in Hungary (21.9%), Poland and Czechia (both 12.5%).
 
Source: EUROSTAT
Post by: Republic of Türkiye Ministry of Trade