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Eurozone inflation unchanged at 2.4 percent

Eurozone inflation unchanged at 2.4 percent

Inflation in the 17 countries that use the euro was an annual 2.4 percent in June.
The official EU statistics agency says that matches the same figure from May.
The figure Friday matched average market expectations and comes at a time when the head of the European Central Bank, Mario Draghi, says there's no threat of inflation in any eurozone country.
That leaves the door open for a potential interest rate cut when the bank's governing council meets next week.


Updated : 2021-03-09 16:28 GMT+08:00