Euro Zone Inflation Data Points to Uptick on Slower Energy Price Fall

Inflation accelerated in the euro zone's biggest economies this month, suggesting that overall price growth also ticked up across the 20 nation bloc, further easing pressure on the ECB to lower borrowing costs.

The ECB cut its key rate by 2 percentage points in the year to June but has been on hold ever since as inflation settled near its target, and investors are slowly pricing out further cuts, even if some modest policy easing remains a possibility.

Inflation accelerated in Germany, France, Italy and Spain...

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