OUCH! Eurozone's #inflation rose faster than expected in May ahead of #ECB meeting. Overall CPI accelerated to 2.6% in May YoY, up from April's 2.4%. Even worse: downtrend in core inflation reversed w/core CPI ticked up to 2.9% in May from 2.7% in April. Analysts surveyed by

Breaking news: Eurozone inflation has risen for the first time this year, adding to worries about how slowly the European Central Bank will cut interest rates if price pressures remain high on.ft.com/3x4uVVm

Eurozone inflation rises to 2.6% in May on.ft.com/3R7qqAo

🇪🇺Signs of rising core inflation in the Eurozone suggest the #ECB will cut rates by 25 bp next week but won't continue consecutive cuts. We expect only two rate cuts this year.
📈Core HICP
3M ann. growth 3.4% (prev. 3.4%)
6M ann. growth 3.5% (prev. 2.7%)
12M growth 2.9% (prev.

Our proprietary eurozone supply stress indicator rose again in May, though by the smallest of margins - an increase of ~0.3pp to 0.7pts above 'normal' levels. Nothing too major, and not likely to either weigh on activity or push price up given the still-subdued demand.
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Eurozone inflation jumps to 2.6%; UK house prices rebound modestly – business live theguardian.com/business/live/…

#eurozone $EZU Inflation accelerates to +2.6% YoY the first acceleration in 4 months (est +2.5%).

Inflation is up +19.9% since 2021.

First Squawk who cares about eurozone inflation when $PENG is about to inflate your portfolio mate

Bisher vorliegende (vorläufige) Zahlen zur #Inflation in der #Eurozone . Erwartungsgemäss stieg die Jahresteuerung im Mai. Für die #EZB von Bedeutung ist dabei, dass die Kernrate der Teuerung stärker anstieg als angenommen und zwar auf 2.9% (von zuvor 2.7%)

Three notes on #eurozone #inflation :

(1) May was ugly. Service inflation is coming even hotter than our somewhat hot expectations for spring months, and it is starting to look as if it just might win in the fight with the rest of the basket, which is sticking to script.

US Apr PCE inline and unch vs. Mar at +2.7% headline and +2.8% core. US bond yields drop, stock markets rise as investors are feeling a tiny bit of relief after hot CPI number from the Eurozone earlier this morning. (via Vital Knowledge Media)

Another major macro day today to finalize the end of may & kick off market positioning into June

Eurozone Inflation data came in hotter than expected on YoY basis
~ was already expected imo

Eurozone MoM inflation rate came in lowest since start of the year

US pre-market
- US

Both headline and core CPI annual #inflation for the Eurozone rose in May, and to levels that are higher than the consensus forecasts.
Headline came in at 2.6%, up from 2.4% in April and above the 2.5% consensus.
Core rose to 2.9%.
These numbers will make for a more interesting

A blatant example of what is transpiring throughout the Eurozone -many countries have fallen already !

This is what Trudeau is bringing to Canada !

This is factual !

There will be an erosion of safety& security as well as a denigration of customs !

The UK inflation rate is now lower than the US and lower than France, Germany, and the Eurozone.

Inflation is also forecast to hover around the 2% target through to mid-2025.

If you are on a variable rate mortgage you can expect your monthly payments to start falling by autumn.

Jádrová #inflace CPI v Eurozóně za květen +2,9% při oček. +2,7%
Nejde to hladce (dolů)...

רגע מבאס ועצוב ספורטיבית. קינן אוואנס נפצע ללא מגע בפלייאוף בליטא, חשש גדול שקרע את האכילס. זעק לשמיים בשנייה שנחת כי הבין

Laut Schätzung steigt damit die Inflation in der Eurozone . Wie in den USA drohen die letzten Meter die schwierigsten zu werden. Für die Zinssenkungsvorhaben der EZB könnte das zum Problem werden. Das sollten auch alle Politiker bedenken, die weiter fleißig Schulden machen wollen

Never forget when Merkel melted down and began crying in front of Sarkozy and Obama during the height of the Eurozone crisis