login
login

Europe Daily Bulletin No. 8474

3 June 2003
Contents Publication in full By article 24 / 33
GENERAL NEWS / (eu) eu/economy
Inflation rate estimated at 1.9% in May

Brussels, 02/06/2003 (Agence Europe) - According to a flash estimate published by Eurostat on Monday, the euro-zone annual inflation rate is expected to be 1.9% in May 2003, compared to 2.1% in April. If this estimate is confirmed, inflation would thus fall below 2% for the first time since July 2002. This fall in inflation, which is conform to the expectations of economists, should strengthen the likelihood of cutting interest rates on Thursday, during the meeting of the Governing Council...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
SUPPLEMENT