According to Eurostat\u2019s preliminary estimate, annual HICP inflation in the eurozone fell to 2.8% in June from 3.2% in May, indicating a clear easing in price pressures after the stronger increases seen in previous months.<\/p>\n
The main disinflationary factor was a slowdown in energy price growth, which fell to 8.7% year on year from 10.8% a month earlier. Price growth also moderated in services and food.<\/p>\n
At the same time, core inflation \u2014 which excludes energy, food, alcohol and tobacco \u2014 declined to 2.4% year on year from 2.6% in May.<\/p>\n
The June data are likely to be received positively by markets, as they confirm a gradual easing of inflationary pressure despite ongoing geopolitical uncertainty.<\/p>\n
The reading strengthens the case for the European Central Bank to maintain a more neutral stance in monetary policy in the coming months.<\/p>\n
Disclaimer:<\/strong> The information contained in this publication is provided for informational purposes only. It does not constitute financial or any other form of advice, is general in nature and is not addressed to any particular recipient. Independent advice should be sought before using the information for any purpose.<\/p>\n","protected":false},"excerpt":{"rendered":" According to Eurostat\u2019s preliminary estimate, annual HICP inflation in the eurozone fell to 2.8% in June from 3.2% in May, indicating a clear easing in price pressures after the stronger increases seen in previous months. The main disinflationary factor was a slowdown in energy price growth, which fell to 8.7% year on year from 10.8% […]<\/p>\n","protected":false},"author":1,"featured_media":2501,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"Eurozone inflation eased noticeably in June, with annual HICP growth falling to 2.8% from 3.2% in May.\r\n\r\nThe main driver was slower energy-price growth, while inflation also moderated in services and food. Core inflation, which excludes energy, food, alcohol and tobacco, declined to 2.4%.\r\n\r\nThe figures point to a further easing of price pressures despite geopolitical uncertainty and may support a more neutral monetary-policy stance from the European Central Bank in the coming months.\r\n\r\n#Eurozone #Inflation #HICP #ECB #EuropeanEconomy #EnergyPrices #Markets #Economy","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[15],"tags":[2794,393],"class_list":["post-6102","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-confirm","tag-european-central-bank"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/posts\/6102","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/comments?post=6102"}],"version-history":[{"count":2,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/posts\/6102\/revisions"}],"predecessor-version":[{"id":6104,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/posts\/6102\/revisions\/6104"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/media\/2501"}],"wp:attachment":[{"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/media?parent=6102"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/categories?post=6102"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ceo.com.pl\/en\/wp-json\/wp\/v2\/tags?post=6102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}