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Inflation in the euro area accelerates to 3.3% in August and pressures ECB to raise interest ratesPhoto by Henrikas Mackevicius on Pexels
Business
Экономика

Inflation in the euro area accelerates to 3.3% in August and pressures ECB to raise interest rates

Público1 September 2026 at 15:09

Inflation in the euro area accelerated to 3.3% in August, a significant increase compared to the 2.9% recorded in July. This jump was mainly driven by rising fuel prices.

The European Central Bank now faces pressure to raise interest rates due to this inflationary acceleration. The growing trend of prices in the euro area raises concerns about the monetary policy to follow.

Portugal was above the European average, with inflation rising to 3.6% in the same period. This value places the country in a more challenging situation within the economic context of the euro area.

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