Inflation in the eurozone rises to 3.3%, a three-year high, bringing rate hikes closer
Prices continue their rise in the eurozone. The figure climbed to 3.3% year-on-year in August, four tenths higher than the previous month and its highest level in more than three years, since September 2023. According to the figures presented today by Eurostat, prices are rising driven by energy, which has been impacting continental lands since the beginning of the conflict in the Middle East. The cost of energy soars by 14.3%.