Inflation in the euro area, which had hovered at a low level, rose slightly in July

Consumer prices rose 0.4 percent over the same period last year, European statistics agency Eurostat reported on Aug.19. In June, the inflation rate was slightly lower – 0.3%. In particular, unprocessed foods rose in price in July: they cost 3.1% more than a year earlier. On the contrary, energy fell in price by 8.4%. Inflation …

Inflation in the euro area, which had hovered at a low level, rose slightly in July Read More »