Euro Remains Stronger Following July’s Eurozone HICP Data
12 Articles
12 Articles
The annual growth rate of consumer prices in the European Union accelerated to three percent in July from 2.9 percent in the previous month, the statistical office Eurostat announced on Wednesday. In the Czech Republic, the annual inflation rate rose to 1.3 percent from 1.1 percent in June.
The annual inflation rate of the euro area accelerated to 2.9% in July 2026, confirming preliminary estimates and rising in relation to the 2.8% recorded in June, reported Eurostat. The result remains well above the target of 2.0% of the European Central Bank (ECB). The advance of prices was driven mainly by the increase in energy, whose rate accelerated from 8.5% to 10.3% in the midst of the resumption of hostilities between the US and Iran. Th…
Prices in the euro area rise by 2.9 percent. Although there are no second-round effects to date, another ECB interest rate step in September is still considered likely.
The price index stands at 3.9% in July, three tenths more than the previous month and well above the data of Italy, where it is placed at 2.9%
Spain has the highest rate of the euro's large economies, with a gap widening in July The rise in inflation opens the door to an increase in interest rates in September The euro area's annual inflation rate in July stood at 2.9%, a tenth above the rise in prices in June, while in the European Union as a whole it also increased a tenth, to 3%, as confirmed on Wednesday by Eurostat.
Eurostat confirms that the eurozone's annual inflation rose to 2.9% last month, as indicated in the flash estimate of 31 July. In June, inflation in the euro area was 2.8%. (ANSA)
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