Eurozone CPI falls to 1.9%, below ECB target for first time since 2021

Eurozone inflation dipped back below the ECB’s 2% target for the first time in nearly four years. Headline CPI fell from 2.2% yoy to 1.9% yoy in May, undershooting expectations of 2.0%. Core CPI (ex-energy, food, alcohol & tobacco) also eas
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