Euro Quarter Inflation Eases Less Than Expected, Center Measure Up

They also expected inflation excluding unprocessed food and energy — the two most volatile components — at 1.0 percent, the same as in May.
But in fact core inflation accelerated to 1.2 percent in June, Eurostat data showed.
But economists polled by Reuters had expected a steeper deceleration to 1.2 percent.
The European Union’s statistics office Eurostat estimated that consumer prices in the 19 countries sharing the euro rose 1.3 percent year-on-year in June, decelerating form 1.4 percent in May and 1.9 percent in April.
Follow CNBC International on Twitter and Facebook.

Read more on: http://www.cnbc.com