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EMU: Annual CPI steady at 0.4% in August

FXStreet (Łódź) - According to data released today by Eurostat, Eurozone annual inflation remained at 0.4% in August, against expectations of a slide to 0.3%. On a monthly basis CPI rose 0.1% in August, compared with the 0.7% drop in July, as expected.

Year-over-year CPI-Core climbed to 0.9% in August, from 0.8% in July, in line with consensus.

European Monetary Union Construction Output s.a (MoM) climbed from previous -0.7% to 0% in July

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EUR/GBP hits fresh lows near 0.7930

The better-than-expected labour market figures in the UK economy are lifting the pound on Wednesday, dragging EUR/GBP to the lower 0.7900s so far...
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