Eurozone inflation accelerated in May, reinforcing expectations that the ECB will raise interest rates at next week’s meeting. Headline CPI rose from 3.0% yoy to 3.2% yoy, matching market expectations, while core CPI, which excludes energy, food, alcohol and tobacco, accelerated from 2.2% yoy to 2.5% yoy, exceeding expectations of 2.4% yoy. The stronger core […]The post Eurozone CPI Rises to 3.2%, Core Inflation Tops Forecasts appeared first on ActionForex.