Annual inflation in the euro area is projected to reach 2.0% in June 2025, a slight increase from 1.9% in May, according to a flash estimate released by Eurostat, the statistical office of the European Union.
Among the main components of euro area inflation:
The modest rise in headline inflation brings the euro area closer to the European Central Bank’s target, while the continued decline in energy prices offers some relief to households and businesses facing broader cost pressures. The steady increase in service prices indicates persistent underlying inflation within the region, an element the ECB will closely monitor as it considers its monetary policy stance in the coming months.
Eurostat will publish detailed final inflation figures for June later in July.
Source: Eurostat
The dollar index slipped below 97 as markets awaited delayed January jobs data, with weak retail sales and reports of China urging banks to cut US Treasury exposure adding pressure on the currency.
The dollar index stayed under pressure on Tuesday as fears of softer foreign demand for US assets, reports of Chinese banks cutting Treasury holdings, expectations of delayed US jobs and inflation data, and a firmer yen on intervention talk weighed on the greenback.
Precious Metals Rebound (09-13 February)Global markets began the week with the US dollar under pressure, falling under 97.5 for a second consecutive session. The greenback’s decline was fueled by a combination of improved risk sentiment and expectations of stable Federal Reserve policy with potential rate cuts on the horizon. Investors remained cautious as they awaited a backlog of delayed US economic data, including employment and inflation figures.
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