Europe

Eurozone inflation slowdown stalls in August at 5.3%

ECB faced with the same interest quandry ahead of September’s meet - to hike or not to hike?

Consumer prices rose 5.3 per cent in the year to August - stuck more than 2.5 times above the goal sought by policymakers, because of energy

Euro-area inflation stopped slowing in August, presenting European Central Bank officials with a quandary as they weigh whether pressures are too persistent to risk a pause in interest-rate hiking.

Consumer prices rose 5.3 per cent from a year earlier, stuck more than 2.5 times above the goal sought by policymakers, because of energy. Economists had anticipated weakening. An underlying measure stripping out volatile items slowed as expected to reach exactly the same level as the ...