Eurozone inflation increased as initially estimated to 2.6 percent in August, final data issued by Eurostat showed Friday. The rate rose from 2.4 percent in July.
The central bank aims to retain inflation rates below, but close to, 2 percent over the medium term. Month-on-month, consumer prices were up 0.4 percent, in line with economists' expectations.
Core inflation that excludes prices of energy, food, alcohol and tobacco, meanwhile, slowed to 1.5 percent from 1.7 percent. The rate was forecast to stay stable at 1.7 percent.
In EU27, annual inflation climbed to 2.7 percent from 2.5 percent a month ago. The lowest annual rates were observed in Sweden and Greece. Meanwhile, Hungary logged the highest rate of 6 percent, followed by Cyprus with 4.5 percent.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.