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Euronews
Euronews
Piero Cingari

Eurozone inflation holds at 2% as the euro slumps against the dollar

Euro European Union eurozone Inflation ECB United States Donald Trump

Inflation no longer appears to be a pressing concern in the eurozone, holding steady at a level that allows the European Central Bank (ECB) some breathing space — at least for now.

According to preliminary figures released by Eurostat on Friday, consumer prices rose 2% year-on-year in July, the same pace as in June. On a monthly basis, prices were flat.

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