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Eurozone inflation hits three-year high at 3.3% in August

Published September 01,2026 12:20 PM
Updated September 01,2026 12:24 PM
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A cyclist drives across a bridge as a commercial boat sails on the Main river in front of the European Central Bank's (ECB) headquarters and banking district skyline in Frankfurt am Main, western Germany, on August 25, 2026. (AFP Photo)

Eurozone inflation jumped to 3.3 percent in August, the highest level in three years, as the war in the Middle East kept pushing up energy costs, official data showed Tuesday.

Well above the European Central Bank's two-percent target, the figure provided by the statistical office of the European Union was up sharply from 2.9 percent in July and in line with forecasts by analysts for Bloomberg.