Euro zone inflation slides more than expected in June, but core rate ticks higher

Euro zone inflation slides more than expected in June, but core rate ticks higher

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Euro zone inflation hit 5.5% in June, according to preliminary data, coming in lower than analyst expectations — but core inflation, which excludes energy and food, remains stubbornly high and rose to 5.4%. Core inflation had eased to 5.3% in May, from 5.6% in April. Headline inflation is now at…

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