EUROZONE INFLATION REACCELERATES Eurozone inflation rose to 2.9% in July from 2.8%, matching forecasts, as higher oil prices following rene…
EUROZONE INFLATION REACCELERATES
Eurozone inflation rose to 2.9% in July from 2.8%, matching forecasts, as higher oil prices following renewed US‑Iran tensions lifted energy costs.
The data reinforced expectations the ECB will raise interest rates again, with markets and economists now focused on a potential September hike. Core and services inflation also accelerated, while the eurozone economy continued to show resilient growth.
