Euro area annual inflation up to 3.0%

31 Aug: Euro area annual inflation up to 3.0%

(Source: Eurostat)

Euro area annual inflation is expected to be 3.0% in August 2021, up from 2.2% in July according to a flashestimate 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).

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