Annual inflation down to 5.2% in the euro area

The euro area annual inflation rate was 5.2% in August 2023, down from 5.3% in July. A year earlier, the rate was 9.1%. European Union annual inflation was 5.9% in August 2023, down from 6.1% in July. A year earlier, the rate was 10.1%. These figures are published by Eurostat, the statistical office of the European Union.