EMU: Annual Consumer Price Index at 1.3% in August, as expected

FXstreet.com (Barcelona) - Eurostat informed today that year-over-year Eurozone CPI was at 1.3% in August, down from the previous reading of 1.6% in July, according to forecasts. On a monthly basis CPI rose 0.1% in August, after falling 0.5% in July, as expected.

On an annual basis CPI-Core remained at 1.1%, in line with consensus.