Annual inflation in the eurozone was 2% in June

In June 2018, consumer prices in the eurozone accelerated their growth in annual terms to 2% compared to a rise of 1.9% in May, according to the final Eurostat data. Inflation in the euro area reached 2% for the first time since February 2017. The inflation target of the European Central Bank is “just under 2% in annual terms'. The indicator coincided with the forecasts of analysts. In comparison with May of this year, the price increase amounted to 0.1%. Excluding the price of energy, food and alcohol, consumer prices rose 0.9% in annual terms, compared to a 1.1% rise in May. Annual inflation in 28 EU countries in June was 2%, as a month earlier. Compared to May, prices in the EU rose by 0.1%.

The information and recommendations contained in this analytical document are published strictly for information purposes and are not considered as an offer to buy or sell the trading tools mentioned above and are not intended to motivate to perform certain transactions
Something went wrong