Wed. Nov 20th, 2019

Euro-area inflation slows to 1% in July, lowest rate in more than two years

1 min read

Eurostat said euro-area inflation in July slowed to 1% over the last 12 months, down from 1.3% in June and an initial estimate of 1.1%. That was the lower than the 1.1% expected in a FactSet-compiled economist forecast and the slowest growth since Nov. 2016.

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