The euro area inflation fell below 2 percent in June as the annual growth in energy prices eased, preliminary data from Eurostat showed on Wednesday. Inflation came in at 1.9 percent in June, as expected, down from 2 percent in the previous month. The inflation rate had exceeded the European Central Bank's target of "below, but close to" 2 percent in May for the first time since 2018.Most of the ...
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.