Economics
Euro-Area Inflation Stays at Five-Year Low Amid Stimulus
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The euro-area inflation rate was higher than initially estimated in August, while remaining at the weakest level in almost five years.
Annual consumer-price growth was 0.4 percent, above a 0.3 percent estimate published by Eurostat in Luxembourg on Aug. 29. The rate was unchanged from July and remains a fraction of the European Central Bank’s goal of just under 2 percent.