Eurozone Inflation Rises 0.3% in June

The consumer price index (CPI) in the Eurozone increased during June by 0.3%, as shown by data from Eurostat.

The rise in inflation rate to 0.3%, comes after it neared a four-year low of 0.1% in May.

The European Central Bank (ECB) continues to target an inflation rate in the range of 2%.

On a monthly basis, the CPI rose by 0.3% last month.