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According to Eurostat’s  flash reading of  Eurozone CPI report, the annual reading came in at 1.1% in July, meeting expectations of 1.1% and 1.3% previous.

Meanwhile, the core figures also dropped to 0.9% in the reported month when compared to 1.0% expectations and 1.1% previous.

Separately, Eurozone June unemployment rate was reported that arrived at 7.5% vs. 7.6% last.