Eurozone inflation fell to 5.2% in August, falling to its lowest level in January 2022

The Eurozone’s interannual inflation rate fell by a tenth in August compared to the previous month, 5.2%well Lowest price increase since January 2022by second guess Eurostatduring The key interest rate fell by two tenths to 5.3%.

On your side Annual inflation across the European Union (EU) was 5.9%It is two tenths below the value recorded in June. About Smallest price increase since January 2022.

The main factors that contributed to the slowdown in price increases in the Eurozone in the eighth month of the year were: 3.3% decrease in energy costs compared to a 6.1% decrease in JulyThe increase in unprocessed food prices was 7.8%, decreasing by 1.4 points compared to the previous month.

Likewise, service prices increased by 5.5% on an annual basis and decreased by one-tenth compared to July, while non-energy industrial goods increased by 4.7% compared to the previous month and became three-tenths cheaper. .

Excluding the energy impact in the calculation, the annual inflation rate was 6.3% in August, down from 6.7% in the previous month.r, which also excludes the impact of food, alcohol and tobacco prices, the underlying inflation rate remained at 5.3%, two tenths less.

Among twenty-seven, The lowest annual inflation rates were recorded in Denmark (2.3%) and Spain and Belgium (both 2.4%).The most intense price increases were experienced in Hungary (14.2%), the Czech Republic (10.1%) and Slovakia (9.6%).

Source: Informacion

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