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Eurozone inflation drops to 2.2% in August
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The figure was 0.4 percentage points lower than the month prior, with several highly inflationary components down for the period. Energy linked inflation hit -3% in August, down from 1.2% the previous month, while non-energy industrial goods came in at 0.4% versus 0.7% in July. Services inflation however, was the largest overall contributor, with an uptick to 4.2% versus 4% in July, followed by food, alcohol and tobacco at 2.4%. City predicts higher UK inflation despite strongest economic growth since post-lockdown spike The figures supported ongoing calls that the European Cent...
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Read more on investmentweek.co.ukAbout this in other media
August inflation: What CPI data tells us beyond the base effect, in charts livemint.com /2 months ago
U.S. inflation cools further in August, clearing path for rate cuts to begin globalnews.ca /2 months ago
Inflation rises 2.5% in August, less than expected foxbusiness.com /2 months ago
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