Eurozone inflation rises to 0.3% in May

The rise in consumer prices came after zero percent inflation in April, with low energy costs still impacting the cost of living in the 19-nation eurozone, the EU statistics agency Eurostat said. The return to inflation is the first in five months and will we welcomed by the European Central Bank, which in March embarked on a massive bout of monetary stimulus to fight falling prices in the eurozone. The eurozone suffered four-months of deflation earlier this year, causing widespread worry that t