Eurozone inflation stable at 2.4% in July
2012-08-17 10:29:42
Eurozone inflation was unchanged in July for the third month running at an annualised 2.4 percent, still above the European Central Bank 's target, EU data showed on Thursday.
As EUbusiness reported, the figures from the Eurostat agency, a second estimate confirming a release earlier in the month, marked the 20th consecutive month that inflation came in above the ECB's medium-term inflation target of just below but close to 2.0 percent.
National inflation rates varied wildly, from 0.9 percent in Greece through 1.9 percent in Germany, the core eurozone market, to 3.6 percent in Italy.