Eurozone Inflation Falls Again in July

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Eurozone Inflation Falls Again in July
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Eurozone core inflation stays at 5.5% in July

By Joshua Kirby Eurozone inflation continued to ease in July, in line with estimates, though the core rate remained at the same level as the previous month.

The consumer price index rose 5.3% in July on year compared with 5.5% in June, preliminary data from the European Union's statistics agency Eurostat showed Friday.The core inflation rate, which strips out volatile food and energy prices, meanwhile stood at 5.5% in July, the same level as the revised rate for June.

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