Eurozone inflation falls in June, core inflation picks up

Source: Xinhua| 2017-06-30 17:39:28|Editor: MJ
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BRUSSELS, June 30 (Xinhua) -- The inflation across 19-country eurozone fell to the lowest rate this year in June due to waning effect of energy price hiking, but core inflation picked up, official data showed Friday.

The inflation in the single currency zone stood at 1.3 percent, down from the 1.4 percent in May, said the European Union (EU)'s statistics agency Eurostat. Core inflation, excluding volatile elements such as energy and food, was 1.1 percent, higher than the 0.9 percent in previous month.

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