Consumer price inflation accelerated in the euro area in August
Annual inflation in the euro zone accelerated in August, as analysts had expected, according to preliminary data published by the European Union’s statistical office, Eurostat, on Tuesday.
The annual inflation rate in the euro zone rose to 2.1 percent in August, from 2 percent in July, based on the Harmonized Index of Consumer Prices (HICP), calculated for EU comparison purposes.
A year ago, in August 2024, the annual rate of increase in consumer prices in the euro zone was 2.2 percent.
Compared to the previous month, prices rose by 0.2 percent, following stagnation in July.
According to a statement by Eurostat, preliminary data show that energy prices fell by 1.9 percent compared to August last year, after a 2.4 percent annual decline in July.
In August, the annual growth in prices of services slowed to 3.1 percent from 3.2 percent in July. The increase in food, alcohol and tobacco prices decreased from 3.3 percent to 3.2 percent, while the annual increase in non-energy industrial products was 0.8 percent in August, similar to July.
Eurozone annual core inflation excluding energy, food, alcohol and tobacco was 2.3 percent in August, unchanged from the previous month.
Related news
The economic sentiment index deteriorated in the EU and the euro area in August, but improved in Hungary
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >KSH: the rate of wage increases exceeds inflation, the countryside is catching up
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Gergely Gulyás: margin freeze extended until November 30
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Related news
There are both positives and negatives in the new Hungarian certificate
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >KSH: In the second quarter of 2025, the economic performance exceeded the second quarter of 2024 by 0.2 percent
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Creative lunch box: 4+1 tips for a fun and healthy start to school
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >