According to CoinMeta, inflation in the eurozone confirmed a slight increase in July, indicating that inflationary pressures have risen. European Central Bank policymakers need to remain vigilant before making decisions in September. Overall, inflation in all major categories has increased; service sector inflation rose from 3.2% in June to 3.3% in July, energy price inflation increased from 8.5% in June to 10.3%, while food price inflation slowed slightly, dropping from 1.5% in June to 1.2% in July. Core annual inflation continued to remain above 2%, suggesting that measures are still needed to address potential secondary effects. It is expected that the European Central Bank will raise interest rates again in September to better prepare for possible future rate hikes.