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 Irish Sun 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 Irish Sun.
More InformationWASHINGTON, DC - In a bid to defuse speculation, U.S. President Donald Trump says he will make his decision on whether to have the...
WASHINGTON, D.C.: A quiet shift inside the Trump administration has stalled a key diplomatic initiative aimed at pushing Russia toward...
NEW DELHI, India: Indian investigators are examining the black boxes from a Boeing 787 Dreamliner to determine the cause of a catastrophic...
BEIJING, China: Chinese civil servants are now facing stricter rules on dining together, with some local authorities limiting group...
DUBAI, U.A.E.: As violence escalates between Iran and Israel, Tehran is turning to its Gulf neighbors to help broker a ceasefire —...
LONDON, U.K.: On June 15, Britain named Blaise Metreweli as the first woman to lead the Secret Intelligence Service, commonly known...
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...