Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    World Cup host nations align Ebola border measures

    May 30, 2026

    Canada unveils C$1 trillion electricity grid plan

    May 15, 2026

    Canada benefits schedule brings June top-up and July boost

    May 4, 2026
    Montreal 24×7Montreal 24×7
    • Automotive

      Nissan develops new self-driving system for urban streets

      September 22, 2025

      Dashboard display fault prompts Toyota recall of 70K vehicles in Canada

      September 20, 2025

      Tesla’s Europe sales drop continues for seventh straight month

      August 28, 2025

      Automotive job losses lead German economic slide

      August 26, 2025

      World’s most powerful EV now in production as Lotus Evija

      August 18, 2025
    • Business

      Canada unveils C$1 trillion electricity grid plan

      May 15, 2026

      Quebec budget projects C$8.6 billion deficit

      March 23, 2026

      Canada loses 84,000 jobs as unemployment hits 6.7%

      March 16, 2026

      Canada gains Mexico market for fresh potatoes

      March 14, 2026

      Canada expands steel worker retraining amid tariff strain

      March 13, 2026
    • Entertainment

      Critics say Ben Affleck understates AI use in film and TV

      January 27, 2026

      Disney’s Fantastic Four beats Superman in box office debut

      July 27, 2025

      Disney and Marvel’s R-rated film hits billion-dollar milestone

      August 17, 2024

      Web3 leader Immutable rolls out $50M gaming rewards initiative

      April 27, 2024

      USHER’s pre-Super Bowl experience on Apple Music

      February 7, 2024
    • Health

      World Cup host nations align Ebola border measures

      May 30, 2026

      Canada set for generic weight-loss drug arrivals this summer

      March 31, 2026

      Study explains exceptional memory in some people over 80

      January 15, 2026

      Stanford researchers restore cartilage in aging joint models

      January 12, 2026

      Protein shakes show alarming traces of lead and heavy metals

      October 19, 2025
    • Lifestyle

      JP Morgan funds Fresha with $31 million for AI and robotics growth

      August 23, 2024

      Adidas, Highsnobiety debut limited-edition sneakers

      January 6, 2024

      Unraveling Starbucks’ phenomenon as a worldwide coffee powerhouse

      September 1, 2023

      How Nike’s Kobe 8 Protro Halo Marks an Emotional Milestone

      August 29, 2023

      From labels to legacy – understanding fashion’s hierarchy

      August 21, 2023
    • Luxury

      Price hikes and lack of innovation erode luxury market confidence

      November 18, 2024

      Uncover the allure of Rolex Deepsea – luxury awaits.

      April 10, 2024

      Beyond timekeeping to the prestige of the Rolex Day-Date

      March 2, 2024

      Rare uncut emerald dazzles at Sharjah show

      February 1, 2024

      Porsche and Frauscher launch the electric 850 Fantom Air

      October 17, 2023
    • News

      Canada benefits schedule brings June top-up and July boost

      May 4, 2026

      Canada recalls milk cartons over glass contamination risk

      March 30, 2026

      Alberta rushes replacement as US blocks Border Road

      March 30, 2026

      Four dead in two northern B.C. avalanches

      March 24, 2026

      Nova Scotia starts spring week with fresh snowfall

      March 23, 2026
    • Sports

      Montreal missed 2026 World Cup as FIFA set host rules

      April 9, 2026

      Victoria Mboko named WTA newcomer of the year 2025

      December 23, 2025

      North American nations plan joint security drills for 2026 FIFA World Cup

      August 6, 2025

      Russian engineers launch AI robot for athletes’ training

      July 18, 2025

      Italy’s Jannik Sinner wins first Wimbledon men’s singles crown

      July 14, 2025
    • Technology

      Canada to spend C$900 million on drones and quantum defence

      March 10, 2026

      Google expands Gemini AI in Chrome with task automation features

      January 31, 2026

      Memory driven robots created in Korea to enhance productivity

      October 2, 2025

      Apple iPhone 17 Pro ships with iOS 26 and AI translation

      September 9, 2025

      Google rolls out $1B AI initiative for US institutions

      August 6, 2025
    • Travel

      Canada cross border trips to U.S. fell sharply in late 2025

      January 28, 2026

      US immigration screening review suspends Pakistan exempts India

      January 15, 2026

      Canada reassures American tourists while U.S. regions scale back Canada marketing

      January 14, 2026

      Banff upgrades transit to address tourist congestion

      October 14, 2025

      Global air travel hits new high with 86 percent load factor

      October 1, 2025
    Montreal 24×7Montreal 24×7
    Home » Inflation climbs in euro area driven by services sector
    Business

    Inflation climbs in euro area driven by services sector

    July 18, 2025

    Annual inflation in the euro area increased to 2.0 percent in June 2025, rising slightly from 1.9 percent recorded in May, according to data released by Eurostat, the statistical office of the European Union. This marks a continued moderation compared to the inflation rate of 2.5 percent registered in June 2024.

    Inflation climbs in euro area driven by services sector

    Across the broader European Union, the annual inflation rate reached 2.3 percent in June 2025, up from 2.2 percent the previous month. In June 2024, the Euro area inflation rate had been slightly higher at 2.6 percent. These figures indicate a general stabilization of inflation levels within the euro area and the wider EU over the past twelve months, despite minor monthly fluctuations.

    Eurostat’s latest report highlights notable disparities in inflation rates among EU member states. The lowest annual inflation rates in June 2025 were observed in Cyprus at 0.5 percent, followed by France at 0.9 percent and Ireland at 1.6 percent. In contrast, the highest annual inflation rates were recorded in Romania at 5.8 percent, Estonia at 5.2 percent, and both Hungary and Slovakia at 4.6 percent.

    Euro area inflation rises to 2.0 percent as services and food costs climb

    These figures reflect the ongoing economic divergence within the European Union, particularly between Western and Eastern member states. Compared with May 2025, annual inflation fell in only five member states, while twenty-two experienced an increase. This trend suggests persistent inflationary pressures in the majority of EU countries, albeit at varying levels.

    The continued rise in prices in several Eastern European economies remains a significant factor contributing to the overall inflation figures within the bloc. Eurostat’s breakdown of inflation components shows that the services sector was the primary driver of inflation within the euro area in June.

    Services contributed 1.51 percentage points to the annual inflation rate, indicating their significant influence on overall price levels. Food, alcohol, and tobacco followed with a contribution of 0.59 percentage points. Non-energy industrial goods added a modest 0.13 percentage points, while the energy sector made a negative contribution of 0.25 percentage points, reflecting declining energy prices in the region.

    Eurostat reports steady inflation gains despite falling energy prices

    The data underscores the mixed inflationary environment within the euro area, with core sectors such as services and essential goods exerting upward pressure, while energy prices continue to provide a moderating effect. Policymakers at the European Central Bank are expected to monitor these trends closely as they assess the future trajectory of interest rates and other monetary policy tools aimed at maintaining price stability.

    Eurostat’s inflation figures provide an important barometer for assessing the health of the Euro zone economy as it continues to recover from recent economic shocks. The balance between growth and inflation will likely remain a key focus for economic decision-makers in the months ahead. – By EuroWire News Desk.

    Share. Facebook Twitter Pinterest WhatsApp

    Related Posts

    World Cup host nations align Ebola border measures

    May 30, 2026

    Canada unveils C$1 trillion electricity grid plan

    May 15, 2026

    Canada benefits schedule brings June top-up and July boost

    May 4, 2026

    Montreal missed 2026 World Cup as FIFA set host rules

    April 9, 2026

    Canada set for generic weight-loss drug arrivals this summer

    March 31, 2026

    Canada recalls milk cartons over glass contamination risk

    March 30, 2026
    Latest News

    World Cup host nations align Ebola border measures

    May 30, 2026

    World Cup host nations align Ebola public health travel rules covering screening, quarantine and entry restrictions for affected regions.

    Canada unveils C$1 trillion electricity grid plan

    May 15, 2026

    Canada unveiled a C$1 trillion electricity strategy to double grid capacity by 2050, cut household costs and expand interprovincial links.

    Entertainment

    Critics say Ben Affleck understates AI use in film and TV

    January 27, 2026

    Disney’s Fantastic Four beats Superman in box office debut

    July 27, 2025

    Disney and Marvel’s R-rated film hits billion-dollar milestone

    August 17, 2024

    Web3 leader Immutable rolls out $50M gaming rewards initiative

    April 27, 2024
    Business

    Canada unveils C$1 trillion electricity grid plan

    May 15, 2026

    Quebec budget projects C$8.6 billion deficit

    March 23, 2026

    Canada loses 84,000 jobs as unemployment hits 6.7%

    March 16, 2026

    Canada gains Mexico market for fresh potatoes

    March 14, 2026
    Automotive

    Nissan develops new self-driving system for urban streets

    September 22, 2025

    Dashboard display fault prompts Toyota recall of 70K vehicles in Canada

    September 20, 2025

    Tesla’s Europe sales drop continues for seventh straight month

    August 28, 2025

    Automotive job losses lead German economic slide

    August 26, 2025
    © 2026 Montreal 24x7 | All Rights Reserved
    • Home
    • Contact Us
    • Disclaimer

    Type above and press Enter to search. Press Esc to cancel.