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Eurozone inflation touches 2.5 percent, but markets remain cautious about sustainability.

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Eurozone inflation

The last month of the second quarter presented good news to policymakers.  Annualised inflation rate in the Eurozone has fallen to 2.5 percent (Eurostat estimate) from 2.6 percent in May. Energy, in particular, has emerged as the largest contributor to the fall in inflation; while Services exceeded 4 percent (see below). The EU country experiencing […]

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