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Euro area annual inflation eases as expected

ANKARA: The euro area annual consumer inflation rate cooled to 2.5% in June, as widely expected, according to flash estimates released on Tuesday.

Headline inflation fell from 2.6% in May, Eurostat data showed.

The cost of energy rose 0.2% from a ye…

Germany’s inflation slows in June

ANKARA: Germany’s consumer inflation rate cooled in June after rising a month earlier thanks to an acceleration in energy cost declines, according to provisional data released on Monday.

Consumer prices climbed 2.2% at an annual pace in June, after M…