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Europe Daily Bulletin No. 8727

17 June 2004
Contents Publication in full By article 30 / 46
GENERAL NEWS / (eu) eu/economy
Euro-zone annual inflation up

Luxembourg, 16/06/2004 (Agence Europe) - On Wednesday Eurostat indicated that due to the hike in oil prices Euro-zone annual inflation rose from 2.0% in April to 2.5% in May 2004. The rate registered in May is therefore above the annual 2% objective set by the European Central Bank which remains vigilant and optimistic about long term prices. Eurostat notes that the annual rate of Euro zone inflation increased from 1.8% a year ago and that the monthly rate in May 2004 stood at 0.3%. EU25...

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