Eurozone Inflation Steady At 2.9% In July, Matching Expectations
6 Articles
6 Articles
Eurostat confirms that inflation in the eurozone stood at 2.9 per cent, with Spain as the country with the greatest tension in the CPI among the large economies
The rate of homologous inflation accelerated to 2.9% in the euro area and to 3% in the European Union in July, after a fall in June, announced today Eurostat, confirming the rapid estimate it had released last month. According to data from the European Union statistical service in the euro area, the indicator rose again in July, after a slight fall in June (2.8%), and is above 2% registered in the same month of 2025. Among the Member States, the…
Energy skyrocketed by 10.3% in the Eurozone last month in the midst of a crisis in the Middle East and its prices and those of services (increased by 3.3%) raised inflation in all euro countries to 2.9%. The CPI rate deviates again from the target set by the European Central Bank (ECB) of 2%, and brings the possibility of a further rise in interest rates to avoid a price crisis that would impoverish households and businesses at a time when the r…
Eurozone Inflation Steady At 2.9% In July, Matching Expectations
BitcoinWorld Eurozone Inflation Steady at 2.9% in July, Matching Expectations The Eurozone Harmonized Index of Consumer Prices (HICP) rose by 2.9% year-on-year in July 2024, matching market expectations and holding steady from the previous month, according to data released by Eurostat. What the Data Shows The July reading confirms that inflation in the euro area remains above the European Central Bank’s (ECB) 2% target but has stabilized after …
The inflation rate (HICP) in the euro area was 2.9 percent in July, up from 2.8 percent in June.
Eurozone CPI Finalized at 2.9% as Energy and Services Keep ECB on Guard - ActionForex
Eurozone inflation edged higher in July, with headline CPI final rising from 2.8% to 2.9% y/y, confirming preliminary estimate and standing well above 2.0% recorded a year earlier. Core inflation also firmed from 2.4% to 2.5%, showing that latest increase was not purely an energy effect. Across EU as a whole, annual inflation rose from […] The post Eurozone CPI Finalized at 2.9% as Energy and Services Keep ECB on Guard appeared first on ActionFo…
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