EURO INFLATION UNCHANGED AT 2.4% IN JUNE

Eurozone Core Consumer Price Inflation data came in unchanged at 1.6 percent on a y/y basis.

On a m/m basis, inflation stayed at 2.4 percent for June, unchanged over May’s rate, which came in line with expectations.

Imports in the Euro region declined 0.9 percent on a seasonally adjusted basis over April and exports rose 0.3 percent in May. (Bloomberg)



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