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Germany, Malta, and France report lowest inflation, Daniel Lacalle notes

Germany, Malta, and France report lowest inflation, Daniel Lacalle notes
Eurozone inflation driven by services

Daniel Lacalle, chief economist and investment manager at Tressis Gestion, reports that inflation in the eurozone is continuing to rise, with services—alongside energy—contributing to the increase.

According to Lacalle, Eurostat data show Germany, Malta, and France currently have the lowest inflation rates in the region, at 2.7%, 2.1%, and 2.8% respectively.

Lacalle has recently highlighted several data releases from key global economies. He reported that U.S. consumer confidence and major Federal Reserve activity indexes surpassed estimates earlier this month. In a separate update, Lacalle noted that China’s factory output exceeded forecasts in May, according to a private survey. These reports come as eurozone inflation rises, led by services and energy.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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