Euro Area Inflation Down From 3.3% to 3.2% in August
21 Articles
21 Articles
The annual inflation of the euro area accelerated to 3.2% in August 2026, equalling the maximum of two and a half years recorded in May, but falling slightly below the preliminary estimate of 3.3%. The rate remained well above the target of 2% of the European Central Bank (ECB), driven mainly by a surge in energy prices in the midst of continuous fighting in the Middle East. Energy inflation jumped to 14.3%, the highest level since January 2023,…
Prices rose slightly less in August than initially estimated, but the pressure remains high in the face of expensive energy, and other factors also drive inflation.
The data were released today by the EU statistical office, Eurostat, and reveal that the annual inflation rate in the single currency area rose from 2.0% in August 2025 to 3.2% in August 2026, and was 2.9% in July of this year.
Final reading comes below preliminary estimate of 3.3%, as energy prices surge 14.3%
Reformatorisch Dagblad
Inflation in the eurozone came in at 3.2 percent in August, Eurostat reports based on final figures. Consumer prices in the euro area therefore rose slightly less sharply than previously reported.
Inflation in the euro area, driven by the oil price shock, was not quite as high as expected in August. Consumer prices rose by 3.2 percent, after 2.9 percent in July, as reported by the EU Statistics Office Eurostat on Thursday. In an earlier estimate of 3.3 percent for August, the European Central Bank [...]
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