Inflation rate in Eurozone at 3.8 percent in August

According to estimates by Eurostat, the European Statistical Office, the inflation rate in the Eurozone slightly fell in August to 3.8%. Even though this is still quite high a rate, it is nevertheless lower than the 4.0% registered in July and June. In the opinion of some experts, this could be a signal of inflation having peaked and returning to a more moderate rate. GERMAN

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