Euro zone inflation rises – Experts say it won't last long

16:33 - 1.06.2021


June 1, Fineko/abc.az. Inflation in the euro zone is gradually increasing.

ABC.AZ reports that inflation in this region reached the highest level in more than 2 years with the beginning of the lifting of restrictions due to the coronavirus and growing demand.

So, in May, consumer prices rose by 2% year-on-year.

Experts believe that even if inflation reaches the target, this growth will be temporary.

They claim that the European Central Bank has previously said that they are patient with rising prices.

 

Other news