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Euronews
Euronews
Piero Cingari

Eurozone inflation tops estimates in August: Is the ECB watching?

ECB Inflation Euro eurozone

Inflation across the eurozone ticked up in August, surpassing expectations but staying close enough to the European Central Bank’s 2% target to avoid causing too much concern—at least for now.

According to the latest flash estimate from Eurostat, annual inflation in the euro area rose to 2.1% in August, nudging higher from 2.0% in July. Economists had expected no change.

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