translate English to French: Once these geopolitical uncertainties had lessened, and as the euro continued to appreciate against the US dollar, the contribution of energy developments eased and headline inflation resumed its downward trend to reach 1.8% in May, the lowest rate of increase in three years.
Dans ce contexte, le profil d’évolution de l’IPCH global en 2003 a reflété les variations des sous-composantes les plus volatiles de l’indice, à savoir les prix de l’énergie et des produits alimentaires non transformés.