Eurozone CPI was finalized at 1.0% yoy in August, unchanged from July’s reading. Core CPI was finalized at 0.9% yoy. In August, the highest contribution to the annual Eurozone inflation rate came from services (0.60%), followed by food, alcohol & tobacco (0.40%), non-energy industrial goods (0.08%) and energy (-0.06%).
EU 28 CPI was also stable at 1.4% yoy. The lowest annual rates were registered in Portugal (-0.1%), Greece (0.1%) and Spain (0.4%). The highest annual rates were recorded in Romania (4.1%), Hungary (3.2%), the Netherlands and Latvia (both 3.1%). Compared with July, annual inflation fell in nine Member States, remained stable in six and rose in twelve.