Novinite.com
19 Jun 2025, 15:30 GMT+10
Inflation in Bulgaria recorded a slight uptick in May 2025, reaching 2.9%. This marks a marginal increase of 0.1 percentage points compared to April. On a yearly basis, inflation rose by 0.2 percentage points, as the same indicator stood at 2.7% in May 2024.
Meanwhile, inflation across the eurozone is trending in the opposite direction. In May 2025, annual inflation there was measured at 1.9%, down from 2.2% in April. For comparison, in May last year, the eurozone's inflation rate was 2.6%. The broader European Union followed a similar pattern, posting an annual inflation rate of 2.2% this May, a slight drop from 2.4% a month earlier. One year ago, EU inflation was at 2.7%, according to Eurostat.
Among EU member states, Cyprus reported the lowest annual inflation in May - just 0.4%. France followed with 0.6%, and Ireland posted 1.4%. On the other end of the scale, the highest inflation levels were seen in Romania (5.4%), Estonia (4.6%), and Hungary (4.5%). When compared to the previous month, annual inflation decreased in fourteen countries, stayed unchanged in one, and increased in twelve.
In terms of contributing factors within the euro area, the services sector was the main driver of annual inflation in May, adding 1.47 percentage points. Food, alcohol and tobacco products followed with a 0.62-point contribution. Non-energy industrial goods added 0.16 percentage points, while energy prices had a downward effect, subtracting 0.34 points from the total.
Get a daily dose of Dublin News news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Dublin News.
More InformationNEW YORK, New York - U.S. stocks made only minor moves in both directions,Thursday, as investors fretted about the Israel-Iran conflict...
PARIS, France: Luxury group Kering's decision to tap Luca de Meo as its next chief is being seen as a daring but necessary attempt...
NEW YORK CITY, New York: The Trump family has unveiled a new venture in the telecom sector — and it's drawing as much scrutiny as it...
KANANASKIS, Alberta: With key tariff deadlines approaching, British Prime Minister Keir Starmer said this week that finalizing the...
PARIS, France: The Paris Airshow kicked off on June 16, attracting attention with expected aircraft orders, but overshadowed by the...
NEW YORK, New York - U.S. stocks were largely range-bound Wednesday after the Federal Reserve decided to maintain the target range...
DUBLIN, Ireland: Egyptian authorities released Paul Murphy, TD, from the People Before Profit party after his second detention on June...
DUBLIN, Ireland: In a significant demonstration outside Leinster House in Dublin, hundreds of housing protesters voiced their frustration...
PARIS, France: The Paris Airshow kicked off on June 16, attracting attention with expected aircraft orders, but overshadowed by the...
BARCELONA/MADRID, Spain: With another record-breaking tourist season underway, thousands of residents across southern Europe marched...
DUBLIN, Ireland: Cork's northside and Dublin's north inner city have been ranked as the dirtiest areas in Ireland, according to the...
ZURICH, Switzerland: In a breakthrough that could reshape the future of sustainable materials, scientists at Empa's Cellulose and Wood...