EU: Flash CPI estimate

Friday, 31 August 2012 05:47

The European statistics office-Eurostat released today its report about inflation level. The flash estimate of CPI in August says about 2.6%.
The reading comes higher than analysts’ expectations for 2.5%.
In June consumer price inflation managed to reach 2.4%, which was still higher than 2.0% targeted by ECB for this year.