Euro area facing stubborn price growth  

Euro area facing stubborn price growth   

Core inflation in the Eurozone accelerated in June, the statistics agency Eurostat revealed last week. In the 20 countries that share the euro, core consumer prices – which exclude food and energy – gained 5.5% year-on-year, up from a preliminary estimate of 5.4% and a reading of 5.3% in May, the data showed.

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