<cite class="source__cite"> London CNN &nbsp;—&nbsp; </cite>

Consumer prices in the 20 countries that use the euro rose 5.3% on average this month compared with a year ago, preliminary estimates by Europe’s statistics office showed Thursday.

 That was unchanged from the annual rate of inflation in July. 

 Core inflation, which excludes volatile food and energy prices, eased to 5.3%, from 5.5% in July. 

 Economists polled by Reuters had expected overall inflation to slow down to 5.1%. 

— This is a developing story and will be updated.

Consumer prices in the 20 countries that use the euro rose 5.3% on average this month compared with a year ago, preliminary estimates by Europe’s statistics office showed Thursday.{ai:summary}Inflation in the eurozone remains unchanged from last month, with consumer prices rising by 5.3% compared to last year. Core inflation, which excludes food and energy prices, slightly eased to 5.3% as well. Economists had predicted a slowdown to 5.1%. #economy

Inflation in Europe stuck at 5.3% in August | CNN Business

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