Brussels: Yearly inflation in the eurozone is expected to reach 2.6 percent in July, up from 2.5 percent in June, according to preliminary data published on Wednesday by Eurostat. The European statistics agency said that the price of services is the driving force of inflation, with a year-on-year rate of 4 percent in July, down from 4.1 percent last month. July’s yearly inflation for food, alcohol, and tobacco stands at 2.3 percent, down from 2.4 percent in June. Meanwhile, energy prices recorded a year-on-year inflation rate of 1.3 percent in July, up from 0.2 percent in June and non-energy industrial goods saw yearly inflation increase from 0.7 percent in June to 0.8 percent in July. Coun
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