July Eurostat

• Eurozone inflation rose slightly to 2.9% in July, according to the latest data released by Eurostat. • This uptick indicates a persistent challenge in stabilizing prices across the European currency bloc. • The data is critical for the European Central Bank as it determines whether further interest rate hikes are necessary to combat inflation.

• Eurozone inflation rose slightly to 2.9% in July, according to the latest data released by Eurostat. • The increase reflects ongoing price pressures within the region, though the specific drivers of the uptick were not detailed in the brief report. • This trend is critical for the European Central Bank as it determines whether further interest rate hikes are necessary to stabilize prices.

• Eurostat reported on July 2, 2026, that the EU27 real GDP index rose to 123.947 in 2025, up from 122.115 in 2024. • Nominal GDP for the region increased from approximately €16.22 trillion in 2024 to €16.9 trillion in 2025. • These figures indicate a steady increase in the European Union's real economic output and overall market value over the two-year period.

• The European Union's economic output contracted in the first quarter of 2026, according to data released by Eurostat on July 1, 2026. • The chain-linked volumes index dropped from 128.669 in Q4 2025 to 120.654 in Q1 2026, while nominal GDP fell to €4,160,507.4 million. • This decline indicates a downturn in the EU's overall economic activity and a reduction in the total value of goods and services produced.