Eurostat: Annual inflation in the euro area reaches 2.1% in August

In August, annual inflation in the euro area stood at 2.1%, up from 2% in July, according to preliminary data released by Eurostat.

The annual inflation rate for food, alcohol and tobacco prices stood at 3.2% in August, down 0.1% on the month.

Annually, services prices rose by 3.1% in August (3.2% in July), non-energy industrial goods prices rose by 0.8% (unchanged on the month) and energy prices declined to 1.9% (2.4% in July).