Eurozone inflation fell in line with expectations to 5.3 per cent in July after the single currency bloc returned to growth in the second quarter.
Eurostat, the EU’s statistical office, said inflation in the 20-country single currency bloc was down from 5.5 per cent in June.
But core inflation, which excludes energy and food prices to give a clearer sign of underlying price pressures, was unchanged at 5.5 per cent.
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