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
Russian currency crashes Russian currency crashes
2
Report: U.S. on path to energy independence Report: U.S. on path to energy independence
3
SM-6 long-range interceptors on target in U.S. Navy test SM-6 long-range interceptors on target in U.S. Navy test
4
New submarine set for commissioning New submarine set for commissioning
5
Brent, WTI unable to hold rally Brent, WTI unable to hold rally
Trending News
Around the Web
x
Feedback