Stock market analytics, financial forecasts

Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

Inflation in the eurozone has slowed to 2.2%


September, 18 2024
watermark Economic news

Inflation in the eurozone slowed to 2.2% in annual terms in August, according to the final report of Eurostat. This decrease compared to July's 2.6% inflation coincided with the preliminary estimate and forecasts of analysts. On a monthly basis, prices in the region increased by 0.1%.


The CPI Core index (core inflation), which does not take into account volatile prices for energy, food and alcohol, showed an increase of 2.8% year-on-year.


Prices for food, alcohol and tobacco products increased by 2.3%, similar to the July figure. Energy prices, on the contrary, decreased by 3% after rising by 1.2% in July. Services have risen in price by 4.1%. In the 27 EU countries, the annual price increase was 2.4% after 2.8% in July.


The lowest inflation was recorded in Lithuania (0.8%), Latvia (0.9%), Ireland, Slovenia and Finland (1.1%). The highest growth in consumer prices was recorded in Romania (5.3%), Belgium (4.3%) and Poland (4.0%).


In Germany, annual inflation fell to 2.0% from 2.6% in July, in France — to 2.2% from 2.7% a month earlier, in Italy — to 1.2% from 1.6% in July, in Spain — to 2.4% after 2.9% a month earlier.


Feedback

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
defer(function(){ $("#cookies_modal").modal('show'); setCookie('fm_cookies', 'agree'); $(document).on('click', ".fm_cookies", function () { $("#cookies_modal").modal('hide'); setCookie('fm_cookies', 'agree'); }); }); function setCookie(key, value) { var expires = new Date(); expires.setTime(expires.getTime() + (10 * 365 * 1 * 24 * 60 * 60 * 1000)); document.cookie = key + '=' + value + ';expires=' + expires.toUTCString(); }
Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.