Inflation in Germany, Spain climbs

FRANKFURT, May 30 (AFP): Germany and Spain on Monday reported another jump in inflation in May as the war in Ukraine continued to push up food and energy prices, heaping pressure on the European Central Bank to speed up interest rate rises.

In Europe's top economy Germany, the annual inflation rate quickened to 7.9 per cent to reach the highest level since reunification in 1990, according to preliminary data from federal statistics agency Destatis.

The last time inflation accelerated at a comparable pace was in West Germany in January 1952.