Eurozone inflation surges to 3.3% in August, highest in nearly three years
Eurozone inflation rose to 3.3% in August, its highest level in nearly three years, marking the sixth straight month above the ECB's 2% target as the Iran war keeps energy prices elevated. Core inflation fell to 2.4%, and markets now fully expect a September rate increase.
Detected & updated continuously · Source: Nebula
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@coinbureau
🇪🇺LATEST: Eurozone inflation just surged to its highest level in nearly THREE YEARS. Inflation jumped from 2.9% to 3.3% in August, marking the sixth straight month above the ECB’s 2% target as the Iran war keeps energy prices elevated. Core inflation FELL to 2.4%, while https://t.co/DMaTxXwNh2
@TheMoonShow
🚨 Highest in nearly three years. Eurozone inflation jumped to 3.3% in August as elevated energy costs continue to weigh. A September rate increase is now fully expected by markets. https://t.co/znsiBEjx9m