Euro zone inflation rises to hotter-than-expected 2.1% in August
1. Euro zone inflation rose to 2.1% in August, surpassing expectations. 2. Core inflation remained steady at 2.3%, indicating price stability in essential sectors. 3. The euro dipped 0.6% against the dollar, showing currency weakness. 4. EU’s trade deal with the U.S. reduced tariff uncertainty but concerns persist. 5. Euro zone posted a minimal growth of 0.1% in Q2, indicating sluggish recovery.