- Analytics
- News and Tools
- Market News
- Eurozone consumer price index rose in line with forecasts in August
Eurozone consumer price index rose in line with forecasts in August
According to the report from Eurostat, the euro area annual inflation rate was 3.0% in August 2021, up from 2.2% in July. A year earlier, the rate was -0.2%. European Union annual inflation was 3.2% in August 2021, up from 2.5% in July. A year earlier, the rate was 0.4%. On a monthly basis, the bloc’s CPI for August arrived at 0.4%, while the core CPI numbers came in at 0.3%, both meeting market expectations.
The lowest annual rates were registered in Malta (0.4%), Greece (1.2%) and Portugal (1.3%). The highest annual rates were recorded in Estonia, Lithuania and Poland (all 5.0%). Compared with July, annual inflation remained stable in one Member State and rose in twenty-six.
In August, the highest contribution to the annual euro area inflation rate came from energy (+1.44 percentage points, pp), followed by non-energy industrial goods (+0.65 pp) and food, alcohol & tobacco and services (both +0.43 pp).
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
