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Europe Daily Bulletin No. 7987

18 June 2001
Contents Publication in full By article 24 / 36
GENERAL NEWS / (eu) eu/economy
Inflation in euro-zone reaches highest rate since 1993 in May - Commission considers fall below 2% ceiling in 2001 unlikely

Brussels, 18/06/2001 (Agence Europe) - The rate of inflation in the euro zone reached the record level of 3.4% in May, its highest level since 1993. According to figures published on Monday by the European Community's Statistical Office, Eurostat, the annual rate of inflation of the euro zone went from 2.9% in April 2001 to 3.4% in May, whereas, just one year before, it was at 1.9%. The annual inflation rate of the European Union went from 2.6% in April to 3.1% in May. These figures do not...

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