Euro zone inflation was unchanged at a higher-than-expected 2% in July, flash data from statistics agency Eurostat showed Friday.
Economists polled by Reuters had expected the figure to hit 1.9%, after a 2% reading in June.
So-called core inflation, which strips out more volatile food, energy, alcohol and tobacco prices, came in at 2.3% in July, the same level as during the previous two months, Friday’s data showed.
The closely watched services print meanwhile eased to 3.1% in July after picking up slightly to 3.3% in June.
Following the data release, the yield on Germany’s 10-year bond was more than one basis point higher, while the French 10-year bond yield was up by less than one basis point.
