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Eurozone inflation 2.9% in July, ECB hikes expected

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Latest: Eurozone inflation rises to 2.9% in July

Eurostat’s flash estimate confirmed that euro‑area headline consumer‑price inflation held at 2.9 % year‑on‑year in July 2024, up from 2.8 % in June. Core inflation accelerated to 2.5 % and services prices rose to 3.3 %,