Annual inflation in the euro area edged up to 3.2% in May from 3% in April, according to Eurostat flash estimates released Tuesday.
The latest reading is in line with the consensus estimate.
On a monthly basis, consumer prices were 0.1% higher.
Excluding energy, food, alcohol and tobacco, the annual inflation rate came in at 2.5%, higher than the previous 2.2% and expected 2.4%. Month over month, core consumer prices rose 0.3%.
Britain's M4 money supply rose 0.2% month over month in April, against the 0.8% increase in March, the Bank of England said Tuesday.Analysts expected a 0.6% growth for the month.
Hong Kong logged an 8.6% annual growth in total retail sales value in April at HK$31.4 billion, compared with HK$34 billion in the previous month, provisional government data showed Tuesday.The Hong Kong Census and Statistics Department added that year-to-date sales from all retail outlets were up 11.3% on an annual basis.
Net borrowing of consumer credit by individuals in the UK stood at 1.86 billion pounds sterling in April, following the revised 1.90 billion pounds in March, according to Bank of England data published Tuesday.The consensus estimate for the month was 1.7 billion pounds.Meanwhile, net mortgage approvals for house purchases came in at 65,945, compared with the revised 63,979 in the prior month and the expected 62,000.