Consumer prices rose by 1.9 percent in June. Above all, energy prices rose noticeably, while everything else rose below average.
As expected, the inflation rate in the eurozone fell slightly in June. In a year-on-year comparison, consumer prices rose by 1.9 percent, as the Eurostat statistics office announced on Friday after a second estimate.
As expected, a first survey from the end of June was thus confirmed. In the previous month, the rate of inflation was 2.0 percent. Monthly prices rose 0.3 percent in June.
Energy prices increased by 12.6 percent compared to the same month last year. All other product categories, on the other hand, showed below-average prices. The prices for unprocessed food even fell slightly year-on-year.
The annual rate for core inflation fell from 1.0 to 0.9 percent. Core inflation is considered by many economists to be decisive for the basic price trend, as prices for energy and food that are prone to fluctuations are factored out.
Jane Stock is a technology author, who has written for 24 Hours World. She writes about the latest in technology news and trends, and is always on the lookout for new and innovative ways to improve his audience’s experience.
