Euro-Area Inflation Stays at 0.2% as ECB Sees Downside Risks
This article is for subscribers only.
The euro area’s inflation rate held steady in August, highlighting the challenge facing European Central Bank policy makers as they seek to revive consumer-price growth.
Consumer prices rose an annual 0.2 percent, exceeding the median economist forecast for a reading of 0.1 percent. Core inflation held at 1 percent, the EU’s statistics office in Luxembourg said in a report on Monday.