US EditionEuro zone inflation edges higher, hitting ECB’s 2% target in June
- The Eurozone inflation rate edged up to 2.0 percent in June, reaching the European Central Bank's medium-term target.
- This rise follows May's 1.9 percent inflation and occurs amid a sluggish economy with weak consumption and low investment.
- Services inflation rose to 3.3 percent in June, while energy prices declined, and the euro's appreciation lowered import costs.
- Last month, ECB President Christine Lagarde indicated that the central bank is approaching the conclusion of its current monetary policy cycle, with market estimates assigning only about a 10% probability of an interest rate reduction in July.
- Despite stable core inflation at 2.3 percent, risks from trade tensions, production cost increases, and oil price volatility suggest inflation could face upward pressure.
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Inflation in the euro area is expected to have risen slightly to 2.0 percent in June—exactly in line with the European Central Bank's target. The highest inflation rates were recorded in Estonia, Slovakia, and Croatia.
·Hamburg, Germany
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In June 2025, Estonia ranked first among the eurozone countries in terms of inflation, based on preliminary data from Eurostat.
·Vilnius, Lithuania
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Coverage Details
Total News Sources51
Leaning Left9Leaning Right3Center10Last UpdatedBias Distribution45% Center
Bias Distribution
- 45% of the sources are Center
45% Center
L 41%
C 45%
14%
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