AI Data Insight
In Q3 2026 (August), the Eurozone core CPI index reached 103.07, showing a slight increase from the previous value of 102.84. However, benefiting from a cooling service sector, the annual core inflation rate slightly dropped to 2.4%, slightly lower than market expectations. Nevertheless, surging energy prices triggered by the Middle East conflict pushed headline inflation to a three-year high, leading to strong market expectations that the European Central Bank will resume rate hikes in September.