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Europe’s Inflation Slows Sharply | Business and Finance News
Published 1 day, 23 hours ago
Description
Europe’s inflation cools sharply in June, dropping to 2.8%—the first monthly decline all year—and core inflation falls to 2.4%, signaling easing price pressures. Malta leads with 1.9%, while Lithuania tops at 5.5%. Germany and France see big drops, Italy remains stubborn. Energy prices are slowing, and cautious spending is tempering inflation. The ECB now has clearer room to maneuver.
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