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MNI: EUROZONE DATA: Final HICP (May 2019)............>

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MNI: EUROZONE DATA: Final HICP (May 2019)
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- HICP: 0.1% m/m, 1.2% y/y; Previous (Apr): 1.7% y/y 
- Core HICP: -0.1% m/m, 0.8% y/y; Previous (Apr): 1.3% y/y
- Final & core HICP in line with flash estimates...
- ... leaving headline inflation at its lowest in thirteen months & core back at
Mar's 11-month low
- The lowest annual HICP rates were registered in Cyprus (0.2%), Portugal (0.3%)
& Greece (0.6%)...
- ... and the highest in Latvia (3.5%), Estonia (3.1%) & Slovakia (2.7%)
- Services infl cooled to 1.0% y/y from the Easter-related surge to 1.9% in Apr
- Non-energy industrial goods inflation picked up by 0.1pp, but remains very
subdued at just 0.3% y/y
- Energy price growth cooled by 1.5pp to 3.8%
- Headline inflation should trend lower in the coming months as energy price
base effects continue to exert downward pressure

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