BRUSSELS (Reuters) – Inflation in the euro zone was stable at 1.2% in June, but narrower indicators that exclude volatile prices rose, preliminary estimates from the European Union statistics agency showed on Friday.
Eurostat said prices in the 19-country currency bloc went up by 1.2% on the year, the same rate recorded in May, which was also the lowest since April 2018.
Headline - Reading - Line - Economists - Expectations
The headline reading, which was in line with economists’ expectations, remains well below the European Central Bank’s target of a rate just below 2%.
But in positive news for Frankfurt, the core measure that excludes food and energy prices and is closely watched...
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