Inflation falls more than expected in France and Italy in June

France's inflation fell to 2.0 percent, compared with 2.8 percent in May.

Analysts had expected inflation to fall to 2.3 percent, according to Bloomberg's compilation of forecasts.

Italy's inflation rate was 3.1 percent, compared with 3.2 percent in May. Analysts had forecast a flat rate of 3.2 percent, according to Bloomberg.