EU inflation

Euro zone inflation eases to 2.5% but core measure misses

Inflation in the euro zone dipped to 2.5% in June 2024, the European Union’s statistics agency said on Tuesday 2nd July 2024, in line with expectations.

However, core inflation, excluding energy, food, alcohol and tobacco, remained at 2.9% from the prior month, just missing the 2.8% forecast.

The rate of price rises in services also failed to move sticking at 4.1%.

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