Eurozone inflation down to 1.3% in June

Economy 7/17/2017, 11:02 AM
Eurozone inflation down to 1.3% in June

The annual inflation in the Eurozone declined to1.3% in June compared to May's 1.4%, according to the statistical office of the European Union Eurostat release on Monday. In June 2016, the rate was 0.1%  For the whole of the EU, the rate stood at 1.4% in June, declining from 1.6% recorded in the month before that. 

Accommodation services, package holidays and tobacco had the highest annual rate in June in the euro area. In the meantime, telecommunications, social protection, and bread & cereal had the worst impact on the inflation rate.

Ireland, Denmark and Romania had the lowest annual inflation rate as -0.6%, 0.4% and 0.7% respectively. Lithuania with 3.5%, Estonia and Latvia both with 3.1% recorded the highest rates. 

TeleTrader Newsroom / VK



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