Eurozone's Annual Inflation Rate Confirmed at 2.9% in July

05:14 AM EDT, 08/19/2026 (MT Newswires) -- Annual inflation rate in the euro area ticked up to 2.9% in July from 2.8% in the previous month, according to final data from Eurostat published Wednesday. The final reading is consistent with the flash estimate. On a monthly basis, consumer prices were 0.2% higher, matching the preliminary reading. Excluding energy, food, alcohol and tobacco, the annual inflation rate came in at 2.5%, in line with the initial reading and above the previous month's 2.4%. Month over month, core consumer prices were flat, matching the preliminary estimate.