#Eurostat [#ECB]() # Eurozone inflation rises to 3.3% in August 1 September 2026 at 13:21 > Driven by a 14.3% surge in energy costs, Eurozone inflation reached 3.3% in August, remaining significantly above the ECB's 2% target. Eurozone inflation climbed to 3.3% in August, according to advanced data released by **Eurostat** on Tuesday, 1 September 2026. This headline figure marks a significant increase, driven largely by energy prices which surged 14.3% year-on-year during the month. The report shows energy costs accelerated from a 10.3% rise in July, as Brent crude oil prices have jumped nearly 41% since the start of 2026. While services inflation eased to 3%, fresh food prices rose 2.7% and industrial goods increased by 1.2%. The 3.3% rate remains well above the **European Central Bank**'s 2% target, despite underlying inflation moderating to 2.1%. Regional disparities persist, with Lithuania recording 5.8% and Spain 4.5%, while Estonia saw a lower price increase of 1.3%. ## Related news [#Euribor]() #Mortgages [#ECB]() #EurozoneEconomy #InterestRates 29 October 2026 at 14:30 ## [Euribor expected to drop to 3.2% in October 2026]() > The primary mortgage indicator falls as the ECB balances high inflation and oil prices ahead of a potential December interest rate hike. [#ECB]() #HernandezDeCos [#SpainPolitics]() #Brussels #Eurozone 15 October 2026 at 12:05 ## [Feijóo to back Hernández de Cos for ECB presidency]() > PP leader Alberto Núñez Feijóo will endorse the former Bank of Spain governor for the top European Central Bank role at a Brussels summit. [#SpainProperty]() [#HousingMarket]() #RealEstateNews [#ECB]() [#SpanishEconomy]() 25 September 2026 at 10:29 ## [Spanish home sales drop 5.1% in July 2026]() > Spain recorded 61,417 property transactions in July as rising interest rates cooled the market, marking a 5.1% year-on-year decline. [#Inflation]() [#ECB]() 15 September 2026 at 08:44 ## [Spanish inflation hits 4.3% as oil prices surge]() > Inflation reached a three-year high in August as rising crude oil costs prompted the ECB to hike rates and the government to cut fuel duty. [#ECB]() [#Euribor]() [#BankOfSpain]() 10 September 2026 at 17:47 ## [ECB rate hike pushes Spanish mortgage costs up]() > Rising interest rates and a 12% surge in Spanish house prices have increased annual mortgage repayments by over 1,000 euros for owners. [#ECB]() #ChristineLagarde 10 September 2026 at 09:07 ## [ECB expected to raise interest rates to 2.5%]() > The European Central Bank is set to increase rates by 25 basis points in September as global sovereign bond yields reach 2008 levels. [#Euribor]() [#ECB]() #ChristineLagarde 31 August 2026 at 13:22 ## [Euribor rises to 2.95% in August 2026]() > The Euribor monthly average rose to 2.95% in August, increasing mortgage costs for homeowners as the rate nears the 3% threshold.