Eurozone inflation drops slightly in June

07:55, July 01, 2010      

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The annual inflation rate in the Eurozone dropped slightly to 1.4 percent in June after reaching its highest level in the previous month, according to flash estimate released by the European Union statistics bureau Eurostat on Wednesday.

The figure was 1.6 percent in May, which was the highest since December 2008.

Inflational rate in the euroarea had been on the increase since November 2009 until it dropped in June. But it remains below the 2- percent ceiling preferred by the European Central Bank to maintain price stability.

Source: Xinhua

(Editor:黄硕)

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