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  Janine Kraft, store manager of the Tante Enso store in Wörlitz, Germany, sorts goods onto the shelves. Picture Alliance | Picture Alliance | Getty Images Germany’s annual inflation rate unexpectedly eased to 2% in June, bringing Europe’s largest economy in line with the European Central Bank’s target,  preliminary data from statistics office Destatis  showed Monday. Analysts polled by Reuters had expected a reading of 2.2% in the twelve months to June. The German print is harmonized across the euro zone, allowing for a direct comparison with other single currency states. The consumer price index  had eased to 2.1% in the year to May . Elsewhere in Europe, June inflation readings showed a small rise in the harmonized rate of France and Spain, but no change in Italy. Franziska Palmas, senior Europe economist at Capital Economics, said the latest inflation data would please the ECB, which is expected to cut rates one more time in this cycle. “Overall, the figures add ...

  oints At Europe’s biggest air show, Airbus has announced a slew of orders while Boeing has scaled back its presence as it focuses on the investigation into the Air India crash. Demand for new planes from both manufacturers remains high despite years of controversy at Boeing, with supply delays leaving airlines hungry for aircraft. Defense has been a key theme of the event as suppliers gear up for more government demand. An Airbus A350-1000 passenger aircraft performs during the 55th edition of the International Paris Air Show (Salon international de l’aeronautique et de l’espace - SIAE) at the ParisLe Bourget Airport, in Le Bourget, north of Paris, France on June 18, 2025. Anadolu | Anadolu | Getty Images Airbus  orders and new models have taken center-stage at this year’s Paris Air Show, as its U.S. rival  Boeing  spends yet another major industry event keeping a low profile due to turmoil at the business. Airlines and manufacturers use air shows as an opportunity...