Economical data on Europe

Economical data on Europe

June inflation of France was determined to be 1.4%. Core inflation (not including energy and food data) was 2.2% on annual basis. Both levels are within the targets. Germany's inflation has reached the lowest level since 1999 by touching 0.9% on an annual basis. Industrial production in the UK in May increased by 0.9% against April, but is still 1.9% lower than the same month last year. Manufacturing output was up 0,7% on a monthly basis, but is down 2,6% on an annual basis. These results are better than analysts' expectations.