Markets Await Eurozone August Inflation Data Later Today
Eurozone August headline inflation expected to rise to 3.3%, core steady at 2.5%. ECB seen hiking rates.
01/09/2026 05:126 min read
Eurozone August headline inflation expected to rise to 3.3%, core steady at 2.5%. ECB seen hiking rates.
Germany's preliminary August CPI rose 2.9% y/y, below 3.0% forecast; HICP also missed at 2.9% vs 3.1% expected.
August CPI in key German states rose, pointing to a national print near 2.9-3.0%, reinforcing ECB rate hike expectations.
Germany's state-level CPI data due today; headline inflation expected to rise to 3.0%.
ECB's Isabel Schnabel argued at Jackson Hole that the euro should be issued on a blockchain, and stablecoins cannot replace central bank money for settlement.