Eurozone Preliminary CPI eases to 1.9% YoY in June, meets estimates

Eurozone’s annualized Consumer Price Index (CPI) came in at 1.9% in June, matching expectations of 1.9% while easing slightly from May’s 2.0%, Eurostat’s preliminary reading of the CPI report showed on Wednesday.

The core figures also inched lower to 0.9% YoY in June when compared to 0.9% expectations and 1.0% recorded in May.

more to come ...