Eurozone preliminary August CPI records 3.3% y/y as expected, core dips to 2.4%
Eurozone August CPI meets forecast at 3.3% y/y; core inflation eases more than expected to 2.4%. Energy costs jump 14.3%.
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Eurozone August CPI meets forecast at 3.3% y/y; core inflation eases more than expected to 2.4%. Energy costs jump 14.3%.
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Eurozone final manufacturing PMI came in at 52.7 in August, with Germany posting its strongest growth in over four years. Inflation pressures eased further.
Germany's final August manufacturing PMI came in at 54.3, above the preliminary 54.1 and prior 52.2.
France's final manufacturing PMI for August came in at 51.1, below the flash estimate but above July's 49.8, indicating a mild rebound in activity.
Italy's manufacturing PMI fell to 49.6 in August, below the 51.3 expected and the prior reading.
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