Annual inflation down to 5.2% in the euro area – August 2023
Michael Phang2023-09-20T10:46:57-05:00September 20, 2023 According to the statistical office of the European Union (Eurostat), in August 2023, the Euro area annual inflation rate was 5.2%, down from 5.3% reported in July 2023. The prior year’s rate was 9.1%. Annual inflation in the European Union was 5.9% in August 2023, down from 6.1% in July 2023. The