Eurozone Inflation Dips To 2.5% In June

2 Days(s) Ago    👁 70

Yearly inflation in the Eurozone dropped to 2.5 per cent in June, down from 2.6 per cent in May, according to preliminary data published by Eurostat on Tuesday.

Inflation in the zone had steadily decreased for months, reaching 2.4 per cent in April, before rebounding to 2.6 per cent in May.

It previously peaked at 10.6 per cent in October 2022.

Services are now the main driver of Eurozone inflation, maintaining a stable rate of 4.1 per cent.

Yearly inflation for food, alcohol and tobacco stands at 2.5 per cent, down from 2.6 per cent in May.