ICYMI:🇪🇺 Eurozone Consumer Prices Accelerate To Record High

*EURO-AREA MAY INFLATION RATE RISES TO 8.1%; MEDIAN EST. 7.8%

*EURO-AREA MAY CONSUMER PRICES RISE 0.8% M/M; EST 0.6%

*EURO-AREA MAY CORE CONSUMER PRICES RISE 3.8 Y/Y; EST. 3.6%

• As it has been for the last couple of months, the headline was heavily supported by the energy component, energy increased 39.2% Y/Y

• Food and Alcohol basket contributed with a rise of 7.5%, Services and non-energy industrial goods expanded by 3.5% and 4.2%, respectively

• All eyes on ECB