rate inflation Eurozone fell by two-tenths in July on an annual basis It represents the lowest increase in prices since January 2022, reaching 5.3% month-on-month, according to Eurostat’s second forecast, but the rate remains at 5.5%.
on your side, all European Union (EU)The annual inflation rate was 6.1%, three-tenths of the reading recorded in June. This is the smallest price increase since January 2022.
The main reason for the slowdown in the rise in prices in the euro area in July was the 6.1% decrease in the cost of energy compared to the 5.6 decrease in June. fresh food price was 9.2%two-tenths above the previous month’s data.
Likewise, when it comes to services, prices rose 5.6% year-on-year, up two-tenths from Maynon-energy industrial goods, on the other hand, increased by 5% and became five-tenths less expensive compared to the previous month.
When the effect of energy is excluded from the calculation, the annual inflation rate increased from 6.9% to 6.7% in July compared to the previous month, while food prices, alcohol and tobacco, core inflation rate remained stable at 5.5%.
Among the twenty-seven, The lowest annual inflation rates were recorded in Belgium (1.7%), Luxembourg (2%) and Spain (2.1%).The countries with the highest price increases were Hungary with 17.5%, Slovakia and Poland with 10.3%.
The harmonized inflation rate in Spain jumped to 2.1% in July narrowed the price gap Compared to the euro area average, it rose to 3.2 percent from 3.9 percent the previous month.