Eurozone inflation rate hits new record high of 9.1%

The question now is whether the data are enough to nudge the ECB toward the 75 basis-point rate increase that some on its 25-strong Governing Council want debated.

Eurozone inflation accelerated to another all-time high, strengthening the case for the European Central Bank to consider a jumbo interest-rate hike when it meets next week.

Consumer prices in the 19-nation currency bloc jumped 9.1% from a year ago in August, beating the 9% median estimate in a Bloomberg survey of economists, led by energy and food.