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Euro area inflation nudges up in August to 3.2% as energy prices jump

Eurozone August final CPI +3.2% vs +3.3% y/y expected Prior +2.9% Eurozone August final core CPI +2.4% vs +2.4% y/y expected Prior +2.5% The breakdownThe final estimate shows a mild revision lower to headline annual inflation, recording 3.2% in August. The monthly estimate still reaffirms a 0.4% move higher in consumer prices, pushing up the annual rate to the highest since May. Energy price…

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