Eurozone inflation moderates to 2.8% in June, Eurostat confirms

Eurozone inflation eased to 2.8% in June 2026, down four-tenths from May's 3.2%, marking the lowest rate since March, according to official data from Eurostat Source: infobae; elconfidencial. Across the European Union, the annual inflation rate also fell four-tenths to 2.9% Source: elconfidencial.

The moderation was driven by a slowdown in energy prices, which rose 8.5% year-on-year compared to 10.8% in May. Fresh food inflation eased to 3.1% from 4%, while services inflation dipped to 3.2% from 3.5% Source: infobae. Core inflation, excluding energy, food, alcohol, and tobacco, decelerated to 2.4% from 2.6% Source: elconfidencial.

National inflation rates varied widely. Among EU members, the lowest annual rates were in Sweden (1%), Czechia (1.1%), and Denmark (1.8%). The highest were in Romania (9.2%), Lithuania (5.4%), and Bulgaria (5.2%) Source: infobae; elconfidencial. Spain's harmonized inflation remained at 3.6%, making it the highest among major eurozone economies, compared to Germany (2.4%), France (2%), and Italy (3%) Source: elconfidencial.