Euro area annual inflation is expected to be 3.0% in August 2021, up from 2.2% in July according to a flash
estimate from Eurostat, the statistical office of the European Union.
Looking at the main components of euro area inflation, energy is expected to have the highest annual rate in August
(15.4%, compared with 14.3% in July), followed by non-energy industrial goods (2.7%, compared with 0.7% in July),
food, alcohol & tobacco (2.0%, compared with 1.6% in July) and services (1.1%, compared with 0.9% in July).