Euro area annual inflation was -0.2% in August 2020, down from 0.4% in July, according to a flash estimate issued by the Statistical Office of the European Union (Eurostat) on Tuesday 1 September.
Looking at the main components of euro area inflation, food, alcohol and tobacco are expected to have the highest annual rate in August (1.7%, compared to 2.0% in July), followed by services (0.7%), industrial goods excluding energy (-0.1%) and energy (-7.8%).
Euro area unemployment at 7.9% in...