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inflation, ECB and June

June inflation at target gives ECB room to pause in July

Having cut rates at its June meeting to 2 per cent we think the European Central Bank is now likely to pause in July. With inflation on target in June the latest data offers little reason to think that trajectory has changed.

Reuters on MSN · 21h

German inflation eases to 2.0% in June, defying forecasts

By Maria Martinez BERLIN (Reuters) -German inflation eased in June, preliminary data from the federal statistics office showed on Monday, despite forecasts suggesting a slight increase in price pressures in Europe's largest economy.

CNBC on MSN · 1h

Euro zone inflation edges higher, hitting ECB's 2% target in June

Euro zone inflation rose slightly to 2% in June, according to flash data from statistics agency Eurostat, meaning consumer prices in the single currency area are now in line with the European Central Bank's target of 2%.

12h

Dry weather pushes up UK food inflation as harvests suffer

Helen Dickinson, chief executive of the BRC, said: “In the UK, fruit and vegetable prices increased due to the hot, dry weather, reducing harvest yields,” while prices of meat “have been impacted by ...

Media Bites 1 July: Heatwave, inflation, UPF bingeing

Britain's largest retailers are warning that food prices are being driven up by hot weather hitting harvest yields, as the ...

The Fed’s Preferred Inflation Gauge Was Slightly Hotter in May, as Spending Cooled

Most economists and policymakers are bracing for price pressures to intensify this summer because of President Trump’s tariffs.

Firmer PCE inflation in May bolsters case for July hold

The US’s headline personal consumption expenditures inflation index for May rose at an annual rate of 2.3 per cent, in line with consensus expectations and slightly above April’s 2.2 per cent rise. On ...

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