The inflation rate in the European Monetary Union remains at a high level.
In June, consumer prices rose 8.6 percent across the board, the European Statistics Office said on Friday.
The main reason for this continues to be the significant increase in energy prices.
They ensure that euro inflation has been noticeably higher than last year's level for months.
At the same time, the rate of inflation is now well above the target value that the European Central Bank is aiming for in the medium term.
However, the monetary watchdogs left the key interest rates at a record low level for a long time.
They recently announced an initial increase for their July meeting, with more to follow.
They have also scaled back bond purchases.
Read more soon at FAZ.NET.