Euro Area inflation drops to 2.5% in June (EUR:USD)

Jul. 02, 2024 5:04 AM ETEuro / US Dollar (EUR:USD), USD:EUREWG, GF, EWI, EWQ, USD, FGM, HEWG, DAXBy: Manshi Mamtora, CFA
Woman looking at a receipt after shopping at the supermarket

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Inflation rate in the Euro Area decreased to 2.50% in June from 2.60% in May 2024, lower than consensus of 2.5%.

The Consumer Price Index increased 0.20% in June 2024 over the previous month.

The unemployment rate remained unchanged at 6.40% in May.

ETFs: (EWG), (GF), (EWI), (EWQ), (FGM), (HEWG), (DAX)

Currency: (EUR:USD)