Eurostat released its consumer price inflation data for the Eurozone on Monday. The preliminary consumer price inflation in the Eurozone remained unchanged at an annual rate of 0.2% in August, beating expectations for a decline to 0.1%.

The preliminary consumer price inflation excluding food, energy, alcohol, and tobacco remained unchanged at an annual rate of 1.0% in August.

Food, alcohol and tobacco prices were up 1.2% in August, non-energy industrial goods prices gained 0.6%, and services prices climbed 1.2%, while energy prices dropped 7.1%.