Euro zone inflation slowed down in June
In line with analysts’ expectations, annual inflation slowed in the euro area in June, according to preliminary data published on Tuesday by Eurostat, the statistical office of the European Union.
In June, annual inflation in the euro area was 2.5 percent, in line with analysts’ expectations, after 2.6 percent in May.
A year earlier, in June of last year, the rate of annual increase in the euro zone consumer price index was 5.5 percent.
In a monthly comparison, consumer prices increased by 0.2 percent in June as well after May.
Based on Eurostat’s preliminary estimate, energy prices in June increased by 0.2 percent compared to a year earlier, following the 0.3 percent increase in May.
The annual growth rate of the prices of food, alcoholic beverages and tobacco products slowed to 2.5 percent in June from 2.6 percent in May.
Related news
GKI Analysis: Why are food prices constantly rising?
In recent times, the rise in the prices of basic…
Read more >Accelerating inflation in Hungary: brutal food price hikes and measures of questionable effectiveness
Inflation in Hungary accelerated again in February 2025: consumer prices…
Read more >Analyst: Food pricing, which involves huge extra profits, must be brought within reasonable limits
Food pricing, which represents a huge extra profit for food…
Read more >Related news
Viktor Orbán on Kossuth Radio: traders cannot add more than 10 percent to the purchase price
Traders cannot add more than 10 percent to the purchase…
Read more >GKI Analysis: Why are food prices constantly rising?
In recent times, the rise in the prices of basic…
Read more >Online grocery shopping also surged ahead of Christmas
The run-up to Christmas affected sales by online supermarket Kifli.hu…
Read more >