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2024/05/24 / Erste Group Research

Slight rise in inflation expected in May

A first flash estimate of Eurozone inflation in May will be published next week (May 31). The majority of analysts expect a slight increase in inflation momentum in May, primarily due to a further rise in energy prices.

From the perspective of the financial markets, however, the focus will be on service provider inflation. After falling to 3.7% y/y in April, a further rebound would be welcome.

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General information

AuthorErste Group Research
Product nameWeek ahead
Topic in focusMacro/ Fixed income
Economy in focusEurozone, United States
Currency in focusEuro, US Dollar
Sector in focus-