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EU Inflation Retreats to 2.8% in June

Economy

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Brussels, July 17 (QNA) - The European Union's statistics office, Eurostat, announced that annual inflation in the euro area fell to 2.8% in June 2026, down from 3.2% in May, confirming its earlier preliminary estimate.

In data released today, Eurostat said energy prices recorded the highest annual increase among the main inflation components in the euro area, rising 8.7% in June. Services followed with a 3.2% increase, while food, alcohol, and tobacco prices rose 1.6%, and non-energy industrial goods increased 0.9%.

The agency also said annual inflation across the European Union as a whole declined to 2.9% in June, compared with 3.3% in May.

Sweden recorded the lowest inflation rate among EU member states at 1.0%, followed by the Czech Republic at 1.1% and Denmark at 1.8%. Romania posted the highest inflation rate at 9.2%, followed by Lithuania at 5.4% and Bulgaria at 5.2%. (QNA)

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