21/01 STATISTIQUES EN BREF - ECONOMIE ET FINANCES

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Harmonized Indices of Consumer Prices May 2001 The rate of inflation for the euro-zone*, as measured by the Monetary Union Index of Consumer Prices (MUICP), was 3.4% comparing May 2001 with May 2000. Euro-zone data up to end 2000 cover the eleven Member States; with Greece's entry into the euro-zone from the beginning of 2001, they cover the twelve Member States. The euro-zone is treated as an entity regardless of its composition. in focus The annual rate of change for the euro-zone rose from 2.9% in April to 3.4% in May 2001. A year ago, in May 2000, the corresponding rate was 1.9%. The rate of inflation in the EU, as measured by the European Index of ECONOMY AND Consumer Prices (EICP=EU-15), increased from 2.6% in April to 3.1% FINANCE in May 2001. A year ago, in May 2000, the corresponding rate was 4 1.7%. EU Member States with the lowest inflation rates in May 2001 were the THEME 2-21/2001 United Kingdom (1.7%), France (2.5%) and Denmark (2.8%). Highest inflation rates were reported for the Netherlands (5.4%), Portugal (4.9%) and Spain (4.2%). PRICES AND The annual rate of inflation for the European Economic Area (EEA) as PURCHASING POWER a whole rose from 2.6% in April to 3.1% in May 2001. A year ago, in PARITIES May 2000, the corresponding rate was 1.7%. The May annual rate of change increased from 1.2% to 1.8% in Switzerland** and from 3.3% Contents to 3.6% in the USA**. (No May data available for Japan** when going to press).

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