Inflation ticks up in Europe, complicating the European Central Bank's next move

European Central Bank News

Inflation ticks up in Europe, complicating the European Central Bank's next move
Interest RatesEnergy PricesCountries That Use The Euro
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FRANKFURT, Germany (AP) — Inflation in the 20 countries that use the euro ticked up to 2.6% in July, stubbornly above the European Central Bank's target and ...

FRANKFURT , Germany — Inflation in the 20 countries that use the euro ticked up to 2.6% in July, stubbornly above theInflation rose from 2.5% in June, according to official figures Wednesday from the EU statistics agency Eurostat. Services inflation, a figure closely watched by the ECB, remained elevated at 4.0%, down from 4.1%

Gross domestic product rose 0.3% in each of the first two quarters of this year, an improvement on zero or below. But recent indicators of economic activity going forward, such as S&P Global's purchasing managers' index, suggest that the economy is still barely growing.PHOENIX — A critic of Arizona's voting operations has unseated the Maricopa County recorder in a Republican primary. Elsewhere, races were undecided with thousands of ballots left to be counted statewide.

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