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Inflation in Europe falls again in June

2023-06-30 17:20
Inflation in Europe slowed for the second straight month in June.
Inflation in Europe falls again in June

Inflation in Europe slowed for the second straight month in June.

Consumer prices in the 20 countries that use the euro rose 5.5% this month compared with a year ago, according to a preliminary estimate released by the European Union's statistics agency Friday. That's down from 6.1% in May.

Economists polled by Reuters had expected inflation to ease to 5.6%.

— This is a developing story and will be updated.