Eurozone inflation remains steady at 2.3% for the third consecutive month, with goods inflation rising and services inflation decreasing. Wage growth is expected to moderate, keeping core inflation close to the ECB target. ECB President Lagarde is optimistic about the economy, citing controlled inflation and strong labor market. Risks to inflation outlook remain, but US-EU trade deal reduces some risks. Import prices from the US are expected to remain stable, keeping inflation around the 2% target. ING publication provides information for informational purposes only, not as investment advice.
Read more at Investing.com: Eurozone Inflation Holds Steady at 2% in July
