Headline inflation in the eurozone fell to 2.8% in June, down from 3.2% in May, according to preliminary data reported by Nyhetsbyrån Direkt.
The figure came in below market consensus, marking a more rapid deceleration than traders had anticipated and signaling that price pressures are easing faster across the bloc.
The decline aligns with a broader trend of disinflation across the eurozone’s largest economies.
Preliminary figures released earlier in the week for France, Italy, and Spain all pointed to a sustained downward trajectory in consumer prices.
This convergence of data from key member states suggests that the cooling is not isolated but reflects a structural shift in the region’s inflation dynamics.
For markets, the softer print strengthens the argument for continued monetary easing by the European Central Bank.