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Confirming the downward trend, Eurozone inflation eased sharply to a 15-month low in May and core inflation slowed for the second month, but the European Central Bank President Christine Lagarde said more monetary policy tightening is needed.
Annual inflation in the eurozone slowed down to 6.1 percent in May from 7 percent in April, Eurostat, the statistical...
Inflation in the Euro zone has fallen to 6.1% as individual countries are also recording reductions. However, Lagarde plans more rate hikes.
FRANKFURT (Reuters) - Euro zone bank lending slowed again in April, supporting the case for careful interest rate hikes in the months ahead as weak gr...
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