facebook
twitter
rss
account
search
search
 

Price inflation steady in Eurozone June to July

July 31, 2013 at 10:41 AM   |   Comments

BRUSSELS, July 31 (UPI) -- The annual inflation rate held at 1.6 percent in July in the 17-member eurozone, Eurostat said Wednesday, releasing a flash estimate subject to revision.

The inflation rate a year earlier stood at 2.4 percent.

Eurostat said food, alcohol and tobacco prices had the sharpest annual increase with a gain of 3.5 percent, up from 3.2 percent in June.

Inflation was relatively calmer in other categories. Energy prices at an annual rate rose 1.6 percent in July, while the price of services rose 1.4 percent.

Core prices, which excludes food and energy prices, rose 1.2 percent in July, unchanged from June. Prices excluding only energy rose 1.6 percent in July, also consistent with June.

© 2013 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
Scotland was tricked, 'yes' backers say Scotland was tricked, 'yes' backers say
2
Greenpeace puts more pressure on LEGO Greenpeace puts more pressure on LEGO
3
Iraq relying on oil wealth from Basra Iraq relying on oil wealth from Basra
4
Slovakia sees Russian gas volumes drop Slovakia sees Russian gas volumes drop
5
Ground broken on Azeri gas pipeline for Europe Ground broken on Azeri gas pipeline for Europe
Trending News
Video
x
Feedback