Eurozone inflation falls to three-year low in August

by Naharnet Newsdesk 30 August 2024, 12:50

The eurozone's annual rate of inflation fell to its lowest level in more than three years this month thanks to falling energy costs, official data showed on Friday.

Consumer prices slowed to 2.2 percent in August from 2.6 percent in July this year. The rate was the lowest since July 2021 and in line with expectations by analysts surveyed by FactSet and Bloomberg.

SourceAgence France Presse