Inflation in Europe falls again in June

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Inflation in Europe slowed for the second straight month in June.

Consumer prices in the 20 countries that use the euro rose 5.5% this month compared with a year ago, according to a preliminary estimate released by the European Union’s statistics agency Friday. That’s down from 6.1% in May.

Economists polled by Reuters had expected inflation to ease to 5.6%.

— This is a developing story and will be updated.


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