Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Wall Street rises after Treasury expands debt buybacks

    August 20, 2026

    WHO maps three-month path for Congo Ebola containment

    August 19, 2026

    Next Level Aviation® Appoints Mike Fleener as Senior Vice President of Global Sales

    August 19, 2026
    Facebook X (Twitter) Instagram
    Egypt News HubEgypt News Hub
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • Sports
    • Technology
    • Travel
    Egypt News HubEgypt News Hub
    Home » Inflation climbs in euro area driven by services sector
    Business

    Inflation climbs in euro area driven by services sector

    July 18, 2025
    Facebook Twitter Pinterest LinkedIn Reddit WhatsApp Email

    Annual inflation in the euro area increased to 2.0 percent in June 2025, rising slightly from 1.9 percent recorded in May, according to data released by Eurostat, the statistical office of the European Union. This marks a continued moderation compared to the inflation rate of 2.5 percent registered in June 2024.

    Across the broader European Union, the annual inflation rate reached 2.3 percent in June 2025, up from 2.2 percent the previous month. In June 2024, the Euro area inflation rate had been slightly higher at 2.6 percent. These figures indicate a general stabilization of inflation levels within the euro area and the wider EU over the past twelve months, despite minor monthly fluctuations.

    Eurostat’s latest report highlights notable disparities in inflation rates among EU member states. The lowest annual inflation rates in June 2025 were observed in Cyprus at 0.5 percent, followed by France at 0.9 percent and Ireland at 1.6 percent. In contrast, the highest annual inflation rates were recorded in Romania at 5.8 percent, Estonia at 5.2 percent, and both Hungary and Slovakia at 4.6 percent.

    Euro area inflation rises to 2.0 percent as services and food costs climb

    These figures reflect the ongoing economic divergence within the European Union, particularly between Western and Eastern member states. Compared with May 2025, annual inflation fell in only five member states, while twenty-two experienced an increase. This trend suggests persistent inflationary pressures in the majority of EU countries, albeit at varying levels.

    The continued rise in prices in several Eastern European economies remains a significant factor contributing to the overall inflation figures within the bloc. Eurostat’s breakdown of inflation components shows that the services sector was the primary driver of inflation within the euro area in June.

    Services contributed 1.51 percentage points to the annual inflation rate, indicating their significant influence on overall price levels. Food, alcohol, and tobacco followed with a contribution of 0.59 percentage points. Non-energy industrial goods added a modest 0.13 percentage points, while the energy sector made a negative contribution of 0.25 percentage points, reflecting declining energy prices in the region.

    Eurostat reports steady inflation gains despite falling energy prices

    The data underscores the mixed inflationary environment within the euro area, with core sectors such as services and essential goods exerting upward pressure, while energy prices continue to provide a moderating effect. Policymakers at the European Central Bank are expected to monitor these trends closely as they assess the future trajectory of interest rates and other monetary policy tools aimed at maintaining price stability.

    Eurostat’s inflation figures provide an important barometer for assessing the health of the Euro zone economy as it continues to recover from recent economic shocks. The balance between growth and inflation will likely remain a key focus for economic decision-makers in the months ahead. – By EuroWire News Desk.

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email

    Related Posts

    Wall Street rises after Treasury expands debt buybacks

    August 20, 2026

    South Korea auto exports reach $6.24 billion in July

    August 14, 2026

    Diesel prices rise as US and Europe fuel supplies tighten

    August 12, 2026

    Europe heatwave puts EU economic growth under pressure

    August 11, 2026

    Denmark inflation slips to 1.7% with core rate steady

    August 11, 2026

    Gold clears $4,400 while US inflation data takes focus

    August 11, 2026
    Latest News
    Business

    Wall Street rises after Treasury expands debt buybacks

    August 20, 2026

    Healthcare shares strengthen market gains
    Healthcare stocks provided another source of support during Wednesday’s session as several pharmaceutical shares recorded large gains. Moderna shares surged 177%, while Merck advanced 12.6% after the companies announced positive results from a Phase 3 melanoma trial. The INTerpath-001 study tested personalized mRNA therapy intismeran autogene with Keytruda following surgical removal of high-risk melanoma. The combination met its primary endpoint for recurrence-free survival. It also met a key secondary endpoint measuring survival without distant cancer spread.
    The healthcare rally helped offset mixed trading elsewhere, particularly across parts of the technology sector. Consumer-related shares also contributed after several major companies released quarterly results during the session. Estée Lauder climbed more than 16% following its earnings report, adding to gains among consumer stocks. Target and Lowe’s also advanced after reporting their latest financial results. Smaller companies generally outperformed large-cap indexes, with the Russell 2000 gaining about 0.5% as the broader market recovered.

    WHO maps three-month path for Congo Ebola containment

    August 19, 2026

    Indonesia 6.1 earthquake rattles North Sumatra coast

    August 19, 2026

    DRC Ebola outbreak sets national death toll record

    August 17, 2026

    DRC malaria cases surpass 26 million in 2025

    August 17, 2026

    South Korea auto exports reach $6.24 billion in July

    August 14, 2026

    Total solar eclipse crosses Russian Arctic and Europe

    August 13, 2026

    International Youth Day 2026 puts youth inclusion in focus

    August 13, 2026
    © 2026 Egypt News Hub | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.