Eurozone | August inflation remained stable at 0.2% YoY despite oil price
Published on Monday, August 31, 2015 | Updated on Tuesday, September 1, 2015
Eurozone | August inflation remained stable at 0.2% YoY despite oil price
Summary
Despite the drop in energy prices, inflation in August did not slow down and surprised slightly upward by remaining at 0.2% YoY, mainly due to rises in the prices of fresh foods that compensated for the deceleration in energy prices.
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Authors
Miguel Jiménez
BBVA Research - Lead Economist
Agustín García
BBVA Research - Lead Economist
Diego Torres
Massimo Trento
BBVA Regulation - Regulation Associate
Josep Amer