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πŸ‡ͺπŸ‡Ί Eurozone inflation converges toward target, and the current account surplus is doing the heavy lifting

πŸ‡ͺπŸ‡Ί Eurozone inflation converges toward target, and the current account surplus is doing the heavy lifting

Eurozone headline inflation cooled to 2.8% year-on-year in June, matching forecasts, while the current account surplus surged to €25.1bn, beating expectations by roughly 40% and pointing to weak domestic demand rather than export strength.

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