Eurozone July Consumer Prices Fall More Than Expected

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Friday, a flash estimate from the Eurostat showed that consumer prices in the euro area dropped 0.6% in July from the previous year compared to a 0.1% drop in June. Annual inflation had turned negative for the first time on record in June.

The statistical office is set to release the final report on August 14.

Friday, a flash estimate from the Eurostat showed that consumer prices in the euro area dropped 0.6% in July from the previous year compared to a 0.1% drop in June. (Market News Provided by RTTNews)