Eurozone inflation: Prices edge up to 2.1% in August, ECB likely to hold rates
Eurozone inflation edged up to 2.1% in August, according to Eurostat data, primarily due to a smaller decrease in energy prices. This slight increase, exceeding Bloomberg analysts’ expectations, strengthens the likelihood that the European Central Bank will maintain current interest rates at its upcoming September 11 meeting.🕒 1 min read
Eurozone inflation edged up to 2.1% in August, according to Eurostat data, primarily due to a smaller decrease in energy prices. This slight increase, exceeding Bloomberg analysts’ expectations, strengthens the likelihood that the European Central Bank will maintain current interest rates at its upcoming September 11 meeting.
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