Eurozone inflation up to 2.2% in July


Inflation in the eurozone increased year on year by 2.2% in July, according to early official estimates published on July 30.

If confirmed, inflation in the region would have resumed the upward trend it started in 2021. Inflation in the region increased from 0.9% in January to 2% in May. In June, it declined to 1.9%.

Across countries, Germany, the bloc’s largest economy, is expected to record 3.1% inflation. This is considerably above the 2% target adopted by the European Central Bank last

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