Back in black – Europe claws itself out of deflation
Positive numbers for Eurozone's CPI, but expert says it's too early to congratulate Europe's central bank.
Jason Walls Thu, 04 Jun 2015
The eurozone’s consumer price index (CPI) has revealed the economy is no longer gripped by deflation.
The eurozone’s CPI – the measure by which headline inflation is calculated – increased by 0.3% month-on-month in May and will come as promising news to policymakers in Europe.