Eurozone Inflation Rises to 2.1 Percent, Firming Bets ECB Will Hold Rates Steady

Date:

Eurozone Inflation Rises to 2.1 Percent, Firming Bets ECB Will Hold Rates Steady

A view of the European Central Bank (ECB) headquarters in Frankfurt, Germany, on March 6, 2025. Jana Rodenbusch/File Photo/Reuters

Euro zone inflation edged up slightly in August, staying close to the European Central Bank’s (ECB) target and bolstering expectations that policymakers will keep interest rates unchanged at next week’s meeting.

Consumer prices across the 20-nation currency bloc rose by 2.1 percent in annual terms last month, up from 2.0 percent in July, according to Eurostat data released Sept. 2. On a monthly basis, prices rose 0.2 percent after being flat in July.

spot_imgspot_imgspot_img

Share post:

More like this
Related

How biological invasions are silently remodelling ecosystems

Many of the most damaging invasions do not simply...

Lawsuit Demands Costco Passes Tariff Refund to Customers Who Paid Higher Prices

Customers walk in the parking lot outside a Costco...

Accidental Landlords Near Record High as Home Sellers Turn to Rentals: Report

A rental sign is posted in front of a...

IEA Agrees to Release Record 400 Million Barrels of Oil From Reserves

Iran WarGlobal oil prices pared their gains following the...