Prices slowed for energy (0.5 percent from 1.7 percent in June) and services (1.2 percent from 1.6 percent). On the other hand, cost rose faster for food, alcohol & tobacco (1.9 percent from 1.6 percent), of which processed food, alcohol & tobacco (2 percent from 1.9 percent) and unprocessed food (1.7 percent from 0.7 percent); and non-energy industrial goods (0.4 percent from 0.3 percent).
Among Eurozone's largest economies, the highest annual rate was recorded in France (1.3 percent), followed by Germany (1.1 percent), Spain (0.6 percent) and Italy (0.3 percent).
The annual core inflation, which excludes volatile prices of energy, food, alcohol & tobacco and at which the ECB looks in its policy decisions, was confirmed at 0.9 percent, down from 1.1 percent in the prior month and in line with market consensus.
On a monthly basis, consumer prices dropped 0.5 percent, after a 0.2 percent gain in June and compared with flash estimates of a 0.4 percent decrease.