Eurozone Inflation Climbs to 3.8% as Energy Leads Rise
Annual inflation accelerated in September, while core inflation held at 2.2% and monthly consumer prices rose 0.6%.
Key takeaways
- Eurozone annual inflation rose to 3.8% in September from 3.2% in August.
- Energy made the largest contribution to annual inflation, at 1.71 percentage points.
Eurozone annual inflation rose to 3.8% in September from 3.2% in August, in line with market expectations, Eurostat data showed. Consumer prices increased 0.6% from the previous month, also matching forecasts.
Energy made the largest contribution to annual inflation, at 1.71 percentage points. Services contributed 1.52 points, while annual core inflation, excluding food and energy, was 2.2%, unchanged from August, according to Borsa Gündem.
Inflation rose in 23 EU member countries compared with August, was unchanged in three and fell in one. Romania recorded the highest annual rate, at 6.5%, while Sweden had the lowest, at 1.0%.
This article was produced with the help of AI technology. Based on reporting by the outlets listed above.
