Eurozone August CPI rises 3.2% year-on-year, slightly below expectations; core inflation at 2.4%.
Macro & Markets ·
Eurozone consumer price inflation reached 3.2% year-on-year in August, slightly below the expected 3.3%, while core inflation rose to 2.4% annually, meeting forecasts. Month-on-month prices increased 0.4%, in line with expectations.