30-May-2026
Economy News
 
Top Euro Zone Countries See Iran Inflation Fallout Broaden in May
30-May-2026

Inflation in the euro zone's four largest economies hovered above the European Central Bank's 2% target for a third straight month in May, preliminary data showed on Friday, as a rise in fuel costs triggered by the Iran war began to feed through to other prices. Readings from France, Italy, Spain and Germany are likely to cement the case for a rate hike from the European Central Bank next month and stoke some worries about whether high inflation is beginning to take root in the euro zone.

News Source:- https://money.usnews.com/investing/news/articles/2026-05-29/top-euro-zone-countries-see-iran-inflation-fallout-broaden-in-may