Annual inflation down to 5.5% in the euro area

The euro area annual inflation rate was 5.5% in June 2023, down from 6.1% in May. A year earlier, the rate was 8.6%. European Union annual inflation was 6.4% in June 2023, down from 7.1% in May. A year earlier, the rate was 9.6%. These figures are published by Eurostat, the statistical office of the European Union.