Eurozone inflation slows to 0.2% in June


Eurozone inflation is expected to decrease slightly in June but the region is still out of deflation, according to the flash estimates from Eurostat.

The statistical office of the European Union says the euro area annual inflation is likely to be 0.2 per cent in June 2015, down from 0.3 per cent in May 2015.

Last month was the first month of rising inflation data after five consecutive months of flat or falling prices.

The 19 nations’ unemployment rate stayed at 11.1 per cent in May, the same level as in April, the Eurostat also shows.

Germany had the lowest jobless rate in Europe at 4.7 per cent, while Greece saw the highest unemployment rate at 25.6 per cent.