However, inflation in the Euro Area increased slightly to 2.6 percent from 2.5 percent in July 2024, and in the European Union, it increased from 2.6 percent to 2.8 percent in July 2024. [...] Inflation in the US slowed slightly to 2.9 percent in July 2024 from 3 percent in June 2024 (Figure 1). [...] Conversely, inflation in the Euro Area increased marginally to 2.6 percent from 2.5 percent in June 2024, and in the European Union, it increased from 2.6 percent in June to 2.8 percent in July 2024. [...] The contribution of beverages, fuel, and light to CPI headline inflation decreased from 0.3 percent in June 2024 to 0.2 percent in July 2024 (Figure 27). [...] The unemployment rate for the female population declined marginally to 9 percent from to 9.1 percent and, for the male population, it decreased marginally to 5.8 percent from 5.9 percent in the same quarter in 2023 (Figure 29).
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