πͺπΊ German inflation cools to 2.4% while the eurozone accelerates to a three-year high
The day in view
πͺπΊ German inflation cools to 2.4% while the eurozone accelerates to a three-year high
Germany's June inflation cooled to 2.4% year-on-year, but the eurozone's flash headline jumped to 3.2%, the highest since September 2023. That gap is what the ECB has to reconcile at its July 22-23 meeting, weeks after its first rate hike in nearly three years.