Eurozone inflation falls to 2.5% in June

Eurozone inflation remained at 2.5% in June, down slightly from the previous month, according to Eurostat. The core rose to 2.9%.

According to the provisional estimate of Eurostatan average Eurozone inflation eases to 2.5% y/y in Junerecording a slight decrease of one-tenth compared to May.

As for the main components of inflation in the euro area, services are expected to record the highest annual rate in June (4.1%, unchanged from May), followed by food, alcohol and tobacco (2.5%, up from 2.6% in May), industrial energy goods (0.7%, unchanged from May) and energy (0.2%, up from 0.3% in May).

the Core inflationOn the other hand, it is one-tenth of what the market expected, and Up to 2.9%.

Among the eurozone countries, Belgium recorded the largest increase in the cost of living in June, at 5.5%, followed by Spain at 3.5%, and Croatia and the Netherlands, both at 3.4%.

On the other hand, the smallest price increases were observed in Finland, with an increase of 0.6% year-on-year, followed by Italy with 0.9%, and Lithuania with 1%.