EMU: Annual CPI-Core grows 1.1% in July, as expected

FXstreet.com (Barcelona) - According to data released today by Eurostat, Eurozone annual core inflation rose 1.1% in July, following 1.2% growth registered the previous month. This result is in line with analysts' forecasts. On a monthly basis Eurozone CPI fell 0.5% in July, compared with the 0.1% increase in June. Year-over-year CPI remained at 1.6%.