According to preliminary data from the Statistical Office of the European Union, consumer prices in the eurozone increased by 8.9% in annual terms in July. In June, inflation was 8.6%. The July figure was the highest in the history of calculations. Analysts on average predicted an 8.6% increase in consumer prices this month. On a monthly basis, the indicator in July increased by 0.1% after rising by 0.8% a month earlier. Experts note that inflation in Europe now exceeds the indicator of the European Central Bank, which is 2%, by more than four times. Such an impressive increase in consumer prices is primarily due to an increase in energy prices. Their price increase in July was 39.7% year-on-year after a 42% rise in June. Food, alcohol and tobacco in July rose by 9.8% against 8.9% a month earlier, industrial goods increased in price by 4.5% (against 4.3%). The growth in the cost of services accelerated from 3.4% to 3.7%. The CPI Core index (prices excluding food and energy) in July increased by 4% year-on-year after an increase of 3.7% in the previous month. Analysts on average expected an increase of 3.8%.
QUICK LINKS
ForexMart is authorized and regulated in various jurisdictions.
(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines
Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.
Kontakt mit uns aufnehmen 
