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Eurozone CPI slowed to 1.9% in Jun, core CPI ticked down to 0.9%

Eurozone CPI slowed to 1.9% yoy in June, down from 2.0% yoy, matched expectations. Core CPI closed to 0.9% yoy, down from 1.0% yoy, matched expectations.

Looking at the main components, energy is expected to have the highest annual rate in June (12.5%, compared with 13.1% in May), followed by non-energy industrial goods (1.2%, compared with 0.7% in May), services (0.7%, compared with 1.1% in May) and food, alcohol & tobacco (0.6%, compared with 0.5% in May).

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