European consumers face higher prices when going to the supermarket.
Anya Global Photo Collection Gety pictures
Inflation in the euro area increased to 2.1 % in August, according to the latest Flash data from the Eurostat Agency on Tuesday.
The economists of Reuters expected the rate to remain unchanged since July, by 2 %.
The basic inflation, which expels the prices of food, energy, alcohol and tobacco, did not change more than 2.3 % in July.
Meanwhile, the services that were monitored closely lower in August were 3.1 % compared to 3.2 % in July.
By 2.1 %, the latest inflation in the euro area is slightly higher than the goal of the European Central Bank of 2 %.
The euro decreased by 0.6 % against the dollar, at $ 1.1640. General Europe Stoxx 600 It was trading 0.7 % on Tuesday morning.
Central Bank The main interest rate was held for her In 2 % in July, this position is expected to maintain when the following meets in September, according to the majority of the economists included in Reuters.
The commercial deal of the European Union with the United StatesSigned in late July, he removed uncertainty about the definitions despite the fact that there are 15 % of the European Union’s exports to the states can outperform economic activity.
The euro area got 0.1 % growth in the second quarterCompared to the previous quarter, Eurostat data showed in late July.
This is an urgent news story. Please update for updates.
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