Eurozone annual inflation remained stable at 2.4 percent in July, final data from Eurostat showed Thursday. The rate also matched flash estimate. On a monthly basis, consumer prices were down 0.5 percent in July.
The central bank aims to retain inflation rates below, but close to, 2 percent over the medium term.
Core inflation that excludes energy, food, alcohol and tobacco, accelerated to 1.7 percent annually from 1.6 percent a month ago.
Energy prices climbed 6.1 percent, and food prices gained 2.5 percent. Clothing and housing cost moved up 3.1 percent and 3.8 percent, respectively.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.