Eurozone inflation stable at 1.3% in July

Eurozone inflation remained steady at 1.3 percent in July, well below the European Central Bank's 2.0 percent target as Europe's recovery continued, official EU figures showed Monday.

The inflation figure for the 19-country single currency area, released by the Eurostat statistics agency, was the same as June's and matched estimates given for July by analysts surveyed for data company Factset.

Source: AFP