Eurozone inflation slows slightly in June, European Central Bank retains policy flexibility

The overall monthly inflation rate in the Eurozone in June recorded -0.1%, the energy price inflation rate decreased from 10.8% in May to 8.5% in June, the food price inflation rate decreased from 1.9% to 1.5%, and the service price inflation rate decreased from 3.5% to 3.2%. Core inflation declined, and the European Central Bank maintained policy flexibility during the summer to observe the future situation.