EMU: Annual CPI at 1.6% in July

FXstreet.com (Barcelona) - According to preliminary data released today by Eurostat, Eurozone annual inflation remained at 1.6% in July. Analysts expected a 1.7% rise.

Year-over-year Eurozone Core CPI grew 1.1% in July, down from 1.2% in June and considerably below forecasts of 1.6%.