(Sticky inflation) - 'Euro-Zone Inflation Gauges Hold Above 5%' - US core inflation at 4.2%

'Central bankers tend to more closely monitor a measure of core inflation that strips out volatile food and fuel prices to give a clearer sense of the underlying price trend. That measure also climbed, coming in at 4.2 percent after 4.1 percent in June.'

- 'Overall inflation climbed to 3.3 percent..' August 31, 2023


'(Bloomberg) -- Euro-area inflation stopped slowing in August .. Consumer prices rose 5.3% from a year earlier, stuck more than 2 1/2 times above the goal sought by policymakers..'

- Euro-Zone Inflation Gauges Hold Above 5% Before Key ECB Meeting, August 31, 2023


Context

(Global Stagflation) - 'IMF Managing Director Kristalina Georgieva emphasized the need to overcome sticky inflation..'

The war against inflation is a long way away from being won - Euro-Area Core Inflation Quickened..

(Global Stagflation) - ..A sticky inflation situation


(Global Stagflation)(Inflationary damage) - '..acc to Taylor Rule .. ECB rates should be 7.2 ppts higher for the entire Eurozone..'

(Global Stagflation) - 'Europe .. food price caps .. the worst cost of living crisis for a generation.' - 'US inflation Set to Stay Firm..'

Cost of food in Netherlands increased 11.50 percent in July of 2023, August, 2023