Eurozone inflation eased slightly in June, with headline CPI slowing to 2.5% from 2.6% in May, in line with forecasts. However, core inflation remained unchanged at 2.9%, slightly higher than the expected 2.8%. This indicates that while overall price pressures are gradually moving toward the European Central Bank's (ECB) 2% target, core inflation remains sticky. ECB President Christine Lagarde and her top economist have indicated that there is not yet sufficient evidence to conclude that inflation threats have passed.
Eurozone core #inflation unexpectedly sticky: Headline CPI slows to +2.5% in June from 2.6% in May, in line w/forecasts. However, core inflation unchg at 2.9% – a notch higher than forecasted. Experts had expected it to cool to 2.8%. https://t.co/zMJNgg5U5Q
Euro-zone inflation slowed in June, more evidence that price pressures are gradually moving toward the ECB’s 2% target https://t.co/hmdlOY9S3E via @economics
Euro-zone inflation slowed in June, more evidence that price pressures are gradually moving toward the ECB’s 2% target https://t.co/6NyZn3ZaWO
Eurozone inflation eases slightly in June https://t.co/JcUECeL74u
#Eurozone inflation eases slightly to 2.5% in June: data
Euro-zone inflation slowed in June, more evidence that price pressures are gradually moving toward the ECB’s 2% target https://t.co/KAfiVsMR6J
Cpi core slightly higher than expect in Eurozone, stable at 2.9% (vs 2.8% expected) in June he European Central Bank doesn’t yet have sufficient evidence that inflation threats have passed, President Christine Lagarde and her top economist said https://t.co/BSBHm6PFdK