Charles Purdy
on July 13th, 2022 The euro is weaker against the pound and the dollar this morning.
German inflation data was released this morning, coming in at 7.6% as expected. Inflation had decreased slightly both month-on-month and year-on-year. Energy prices rose at a softer pace; however, food prices are still increasing rapidly.
Inflation figures for France will be released later, as well as industrial production data for the eurozone.
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