Eurozone: Inflation Rises to 3.3% in August 2026, Driven by Energy
Energy rises from 10.3% to 14.3% year-on-year
Eurostat, the statistical office of the European Union, has released a flash estimate placing the annual inflation rate of the euro area at 3.3% in August 2026, up from 2.9% in July.
Among the main components, energy is expected to show the highest annual rate in August, at 14.3%, compared to 10.3% in July. This is followed by services (3.0%, down from 3.3% in July), non-energy industrial goods (1.2%, up from 0.9%), and food, alcohol, and tobacco (1.2%, stable compared to July).
Significant Disparities Among Member States
According to Eurostat data, annual rates vary significantly from one country to another in August 2026. Germany is at 2.9%, France at 2.7%, Italy at 3.2%, and Spain at 4.5%.
Eurostat specifies that this rapid estimate is released at the end of each reference month, and the full publication of harmonized data for August 2026 is scheduled for September 17, 2026. Since January 1, 2026, the euro area also includes Bulgaria (EA21).
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