Inflation in the eurozone fell more sharply than expected in June, reaching 2.8 percent. This marks a decline from 3.2 percent in May, according to Eurostat. Experts polled by Reuters had anticipated a drop to 3.0 percent.
The European Central Bank (ECB) is now debating the need for another interest rate move. Bundesbank Joachim Nagel is keeping all options open. The ECB will decide on its key interest rate on July 23 and again on September 10.
Source: www.faz.net
