Inflation in the eurozone fell to 2.5 percent in June, according to preliminary calculations from the statistics agency Eurostat. This can be compared to 2.6 percent in May.
The decline, which follows a slight increase in inflation in May, was in line with market expectations. Analysts had on average expected it to fall to exactly 2.5 percent in June, according to Bloomberg.
Compared to the previous month, consumer prices rose by 0.2 percent in June, according to Eurostat's preliminary calculations – which was expected.
The underlying inflation – where energy and certain food prices have been excluded – fell to 2.8 percent in June. This was also in line with expectations among analysts.
In May, the underlying inflation was 2.9 percent.
The figures from Eurostat come after national statistics agencies in major euro countries such as Germany and France had reported preliminary figures a few days earlier, showing slightly lower inflation than expected in June.
According to Eurostat's compilation of preliminary national inflation figures, Belgium has the highest inflation among euro countries – 5.5 percent in June. The lowest inflation was measured in Finland at 0.6 percent.
