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Eurozone Inflation Slips to 0.2%
Inflation in the eurozone remained positive in June for the second consecutive month.
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Inflation in the eurozone remained positive in June for the second consecutive month. But the rate slipped to 0.2% from 0.3% in May, according to Eurostat.
The EU's statistical office notes that deflation eased from -0.6% in January to -0.1% in March and was zero in April.
Last month's inflation rate in the non-energy industrial goods sector climbed to 0.4% from 0.2% in May, continuing a gradual improvement that began in April. But energy prices, which have been falling since February, shrank 5.1% in June.
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