Global EconomyIMPORTANT
EU Inflation Rate YoY Flash (Jul) Y/Y 2.9% vs. Exp. 2.9% (Prev. 2.8%); Services 3.3% (prev. 3.2%)
StockNow breaking-news AI analysis
EU July headline inflation rose to 2.9%, with services hitting 3.3%. Despite geopolitical energy pressures, Eurozone GDP growth beat expectations, potentially keeping ECB interest rate hikes on the table.
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