Eurozone inflation hit 2 per cent in June, rising back up to the European Central Bank’s medium-term target.
June’s annual inflation reading, published on Tuesday, was an increase from May’s figure of 1.9 per cent and in line with economists’ expectations in a Reuters poll.
Diego Iscaro, head of European economics at S&P Global Market Intelligence, said that the rise was “modest” and “not particularly worrying”.
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