But not to be negative: Inflation in Europe, surprisingly

Inflation in the Eurozone has attracted in July, surprisingly. The consumer prices rose by 0.4 percent the previous month, reported the European statistics Agen

But not to be negative: Inflation in Europe, surprisingly

Inflation in the Eurozone has attracted in July, surprisingly. The consumer prices rose by 0.4 percent the previous month, reported the European statistics Agency Eurostat on Friday. Analysts had expected an average inflation rate of 0.2 percent. Some Economists had also believed the inflation rate could slip, as in Germany, into the Negative.

Christian Siedenbiedel

editor in the economy.

F. A. Z.

In June, the Rate was 0.3 percent. Compared to the previous month, the price level fell in July by 0.3 percent. Here, a decrease of 0.5 percent had been expected. In the annual comparison, the prices for food, alcohol and tobacco rose above all. Also, the prices of industrial goods rose significantly. Clearly energy prices have fallen, however. Core inflation excluding energy and food rose significantly more than expected. They increased from 0.8 percent in the previous month to 1.2 percent. Economists had expected an unchanged value.

Updated Date: 31 July 2020, 13:19

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