Eurozone inflation eased below the European Central Bank’s target last month on surprisingly benign services costs, underpinning expectations for further policy easing even as global trade tensions fuel longer-term price pressures.
Consumer price inflation in the 20 countries sharing the euro slowed to 1.9 per cent in May from 2.2 per cent a month earlier, below expectations for 2.0 per cent on a fall in energy prices and a sharp
