Weak Eurozone Demand Could Drag the Euro Down

In contrast to many other countries and regions, the Eurozone recorded a slowdown in output inflation. The year-over-year PPI growth rate declined for the second month, showing a fall in June to 35.8% from 36.2% and 37.3% in the previous two months. Although average forecasts had expected a slightly lower rate, one cannot ignore the […]

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