Eurozone inflation unexpectedly falls to 2.5% in July from 2.7% in June, although it's still...

|By:, SA News Editor

Eurozone inflation unexpectedly falls to 2.5% in July from 2.7% in June, although it's still above the ECB's 2% target. Nonetheless, the drop may persuade the ECB to not raise interest in the coming months after increasing rates twice since April. The bank is due to meet on Thursday. (PR)