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Inflation in the euro zone rose by one tenth in July to 2.9%, due to the rise in energy prices.

Los precios vuelven a escalar tras la tregua que dieron en junio

Translated from Spanish Read in Spanish

Inflation in the euro zone rose by one tenth in July to 2.9%, due to the rise in energy prices.

The drop in inflation in June has so far been just a parenthesis. In July, prices have risen again, albeit only by one tenth, to 2.9% above the level they were a year ago, according to Eurostat, the European statistics office. The continuation of the attacks and missile exchanges in the Strait of Hormuz continues and this puts upward pressure on inflation, which remains nine tenths above the target set by the European Central Bank.

Translated by urgent.news. Machine-written — may contain errors; check the original before relying on it.

Read the original at elpais.com →

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