29 Eurostat preliminary data released in July this year, the euro zone's annual rate of inflation was 2.5%, down slightly compared with the previous few months.

Since December last year exceeded the European Central Bank to maintain price stability set the warning level of 2%, the eurozone inflation rate climbed all the way, had the highest 2.8%.

In order to ease the growing inflationary pressures, European Central Bank in April and early July, two more rate hikes will lead from the initial interest rate of 1% to 1.50%.

Because interest rates may be caught in sovereign debt to Greece and other euro zone countries crisis situation more difficult, whether the European Central Bank to raise interest rates has been very cautious on the issue, but analysts believe that rising energy and raw materials prices, driven by the euro zone inflationary pressures still high, the ECB does not rule out the possibility of another rate hike during the year.
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