Economic TimesLean R·
Euro zone inflation falls more than expected
Euro zone inflation eased last month far more than expected, further curbing pressure on the European Central Bank to raise interest rates again this month to offset quick price growth. Overall inflation in the 21 nations sharing the euro currency slowed to 2.8% in June from 3.2% in May, coming well below expectations for 3.0%, as food, energy and services inflation all slowed. A more closely watched figure on underlying prices, which filters out volatile food and fuel prices, meanwhile slow…
Read at Economic Times →
