Euro Remains Stronger Following July’s Eurozone HICP Data
8 Articles
8 Articles
The annual inflation rate of the euro area accelerated to 2.9% in July 2026, confirming preliminary estimates and rising in relation to the 2.8% recorded in June, reported Eurostat. The result remains well above the target of 2.0% of the European Central Bank (ECB). The advance of prices was driven mainly by the increase in energy, whose rate accelerated from 8.5% to 10.3% in the midst of the resumption of hostilities between the US and Iran. Th…
Prices in the euro area rise by 2.9 percent. Although there are no second-round effects to date, another ECB interest rate step in September is still considered likely.
The price index stands at 3.9% in July, three tenths more than the previous month and well above the data of Italy, where it is placed at 2.9%
Spain has the highest rate of the euro's large economies, with a gap widening in July The rise in inflation opens the door to an increase in interest rates in September The euro area's annual inflation rate in July stood at 2.9%, a tenth above the rise in prices in June, while in the European Union as a whole it also increased a tenth, to 3%, as confirmed on Wednesday by Eurostat.
Eurostat confirms that the eurozone's annual inflation rose to 2.9% last month, as indicated in the flash estimate of 31 July. In June, inflation in the euro area was 2.8%. (ANSA)
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