Eurozone inflation reached 0.3% in June

Inflation target

Inflation in the eurozone rose slightly in June, while unemployment increased moderately in May, according to estimates by the European Union’s official statistical agency.

The Eurostat agency estimated that year-on-year inflation measured by the consumer price index was 0.3% in June, up from 0.1% in May. If confirmed, it would be the first CPI increase in the eurozone since the beginning of the Covid-19 crisis. The target of the European Central Bank is an annual inflation rate of below, but

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