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The eurozone’s consumer price inflation rate was steady in August, undershooting an earlier estimate, numbers on Wednesday showed. According to Eurostat, the single currency area’s consumer price inflation rate was stable at 2.0% in August, where it stood in July, and in line with the European Central Bank’s target. The figure was shy of the first estimate, which said the pace of consumer price inflation picked up to 2.1%. Consumer prices edged up 0.1% in August, shy of the first estimate, which showed a 0.2% advance. Prices had been flat in July from June. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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