India, July 1 -- The euro weakened against other major currencies in the European session on Wednesday, Eurozone inflation slowed to a three-month low in June.
Data from Eurostat showed that Eurozone inflation weakened to 2.8 percent from 3.2 percent in May. This was the lowest rate since March and remained below forecast of 3.0 percent.
Core inflation that excludes energy, food, alcohol and tobacco, softened to 2.4 percent from 2.6 percent in the prior month. Prices were expected to rise 2.5 percent.
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