Eurozone inflation comes in softer than expected in August, at 2%

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Eurozone inflation comes in softer than expected in August, at 2%  Inflation is now in line with the target set by the European Central Bank. As economic growth remains robust, more rate cuts from the ECB aren't likely to come soon.  READ MORE : http://www.euronews.com/2025/09/17/eurozone-inflation-comes-in-softer-than-expected-in-august-at-2  Subscribe to our channel. Euronews is available on Dailymotion in 12 languages

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00:00Inflation in the eurozone is right on target, hitting 2% in August according to new figures from Eurostat.

00:07The number is in line with targets set out by the European Central Bank

00:11and means more interest rate cuts are unlikely to come soon.

00:15Price growth has held steady since June, with the biggest increases in food, alcohol and tobacco all up 3.2%,

00:23and services up 3.1%.

00:26Non-energy industrial goods rose to 0.8%, while energy prices fell by 2%.

00:33The new data comes just a week after the European Central Bank decided to keep interest rates unchanged.

00:40The bank's key deposit rate remains at 2%, its lowest level in more than two years.

00:46ECB head Christine Lagarde stressed the bank isn't locked into a fixed path

00:50and that future decisions will depend on how the economy performs.

00:56ECB start-down to increase at 5.7%.

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