EMU: Annual CPI grows 1.6% in June, as expected

FXstreet.com (Barcelona) - Eurostat informed today that Eurozone annual inflation increased 1.6% in June, up from the 1.4% growth registered the previous month. This result is in line with projections. On a monthly basis CPI ticked up 0.1% in June, after climbing 0.1% in May, as expected.

Year-over-year Core CPI grew 1.2% in June, following 1.2% in May, according to forecasts.