Annual inflation in the euro area drops to 2.2%
Eurozone annual inflation is expected to be 2.2% in August 2024, down from 2.6% in July, according to a preliminary estimate from Eurostat, the statistical office of the European Union.
Looking at the main components of euro area inflation, services are expected to have the highest annual rate in August (4.2%, compared to 4.0% in July), followed by food, alcohol and tobacco (2.4%, compared to 2.3% in July), non-energy industrial goods (0.4%, compared to 0.7% in July) and energy (-3.0%, compared to 1.2% in July).
More information at EUROSTAT
U!
