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Story summary
- Belgium said eurozone inflation fell to 2.8% in June, down from 3.2% in May.
- Energy inflation dropped to 8.7% from 10.8% while food, services and core inflation were 1.6%, 3.2% and 2.4%.
- CPI was lowest in Malta (1.9%) and highest in Lithuania (5.5%).
- The European Central Bank raised its key rate by 25 basis points to 2.25% and expects inflation to average 3% in 2026, 2.3% in 2027 and 2% in 2028.
