Economic Indicators

Eurozone Inflation Soars To Fresh High of 9.1% in August – Eurostat

2022.08.31 12:14

Eurozone Inflation Soars To Fresh High of 9.1% in August - Eurostat

By Scott Kanowsky 

Investing.com — Eurozone inflation rose by more than expected to a new record level in August, according to preliminary Eurostat data released on Wednesday.

The bloc’s closely-watched consumer price index jumped to an all-time peak of 9.1% on an annual basis, topping a previous high of 8.9% registered in July. Economists had predicted the reading to come in at 9.0%.

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