* EU car sales rise 10% in June but remain below pre-pandemic levels, as BOJ leaves policy unchanged and cuts GDP forecast for this year * GSK to turn Stevenage R&D site into big life sciences campus 11.09am BST The lowest annual inflation rates in the eurozone were registered in Portugal (-0.6%), Malta (0.2%) and Greece (0.6%). The highest annual rates were recorded in Hungary (5.3%), Poland (4.1%) and Estonia (3.7%). Compared with May, annual inflation fell in 12 countries, remained stable in four and rose in 11. 11.07am BST Inflation in the eurozone slowed in June after a pick-up earlier in the year, Eurostat confirmed today, while the bloc’s trade surplus declined in May due to a fall in exports. Consumer prices in the 19-nation single-currency bloc rose 1.9% in June year-on-year, slightly less than May’s annual rate of 2%, confirming an initial estimate released by the EU’s statistics office. Elsewhere, inflation has accelerated considerably, for example in the US where the annual rate hit 5.4% in June, a 13-year high. Continue reading...
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