Eurozone inflation falls to three-year low in August

W460

The eurozone's annual rate of inflation fell to its lowest level in more than three years this month thanks to falling energy costs, official data showed on Friday.

Consumer prices slowed to 2.2 percent in August from 2.6 percent in July this year. The rate was the lowest since July 2021 and in line with expectations by analysts surveyed by FactSet and Bloomberg.

Comments 1
Thumb chrisrushlau 01 September 2024, 21:16

The high-rise building is designed to look like it's falling over.