Categories: Business

Inflation in the eurozone fell by one-tenth in June, to 2.5%.

The eurozone inflation rate stood at 2.5% year-on-year in June, one-tenth lower than the price rise seen in May, according to a preliminary estimate of data released by the community’s statistical office Eurostat.

The slight slowdown in price growth in the euroregion reflected a 0.2% rise in energy costs after a 0.3% year-on-year increase in May, while fresh food prices rose 1.4% year-on-year, four-tenths less than the previous month.

Similarly, non-industrial energy products rose 0.7% in June, in line with May’s figures, as did services, which rose 4.1% annually, the same increase seen in May.

Excluding the impact of energy on prices, the inflation rate rose to 2.8%, which is in line with May’s figure, and excluding the cost of food, tobacco and alcohol, the base rate remained at 2.9%.

Among eurozone countries, the biggest increase in the cost of living in June was in Belgium with 5.5%, ahead of Spain with 3.5%, and Croatia and the Netherlands with 3.4% in both cases.

On the other hand, the smallest price increase was observed in Finland – by 0.6% year-on-year, followed by Italy – 0.9% and Lithuania – 1%.

Source link

Admin

Share
Published by
Admin

Recent Posts

Notre Selection du Samedi November 2

Ce soir, on le choix entre passer la soirée avec Saoirse Ronan in "Lady Bird",…

12 mins ago

US Elections 2024 | Vote amid concern and disbelief

The bodies of more than 3,000 southern soldiers, including 2,184 unidentified, remain. Fredericksburg Confederate Cemetery,…

14 mins ago

Why do women suffer more from this, according to a neurophysiologist?

According to data European Health Study in Spaincarried out in 2020 by the National Institute…

16 mins ago

Banking tax fiasco: for every euro collected, private sector funding falls by 17 euros

While The government is working to make the "extraordinary profits" tax permanent.“From banking, financial institutions…

24 mins ago

This star rotates at a speed of 716 times per second – the fastest rotation in the Universe.

Located 26,000 light-years from Earth, the neutron star 4U 1820-30, along with the white dwarf…

26 mins ago

Malaysian MotoGP sprint race: results, results and reaction in Sepang

The sprint race in Sepang is over. We'll be back tomorrow with appointments for Moto3…

27 mins ago