In the The annual inflation was 2.4% in Greece in May, from 2.4% in April, according to Eurostat estimates. A year ago it was at 4.1%. Annual inflation stood at 2.6% in the Eurozone in May, from 3.4% in April. A year ago, it was 6.1%.

In Greece, harmonized annual inflation stood at 2.4% in May, against Eurostat’s initial estimate of 2.3%.

The lowest annual rates recorded in Latvia (0.0%), Finland (0.4%) and Italy (0.8%). The highest annual rates were recorded in Romania (5.8%), Belgium (4.9%) and Croatia (4.3%).

Compared to April, annual inflation fell in 11 Member States, remained stable in 2 and rose in 11.

In May, the highest contribution in the euro area’s annual inflation rate was services (+1.83 percentage points, p.p.), followed by food, alcohol and tobacco (+0.51 p.p.), non-energy industrial goods (+0.18 p.m.) and energy (+0.04 p.m.).