According to detailed figures for September, consumer prices rose 0.7% over the previous month, which was up from the 0.4% rise recorded in August and marked the second increase in a row. Despite the monthly rise, annual headline inflation was unchanged at August's 2.6%, which is below the 2.7% flash estimate released by Eurostat on 28 September. The core inflation index, which does not include prices for energy, also rose 0.7% over the previous month (August: +0.2% mom). However, annual core inflation moderated from 1.7% in August to 1.6% in September. At a country level, 11 out of the 17 Eurozone economies posted annual inflation rates equal or above the regional average. Estonia (4.1%) and Slovakia (3.8%) recorded the highest annual inflation rates. At the other end of the spectrum, inflation was lowest in Greece (0.3%) and Germany (2.1%). Among the other major Eurozone economies, France (2.2%) recorded an inflation rate below the regional average in September, while inflation was above the regional average in Italy (3.4%) and Spain (3.5%).
Detailed figures reveal lower inflation
October 16, 2012
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Eurozone Economic News
October 20, 2016
The European Central Bank (ECB) decided to stay the course and made no changes to its monetary policy at its 20 October meeting, matching market expectations.
October 17, 2016
Complete data released by Eurostat on 17 October confirmed that harmonized inflation was 0.4% in September, above August’s 0.2% and the highest reading seen since June 2014.
October 12, 2016
The industrial sector in the common-currency bloc grew in August after contracting in July.
September 30, 2016
Inflation rose to an almost two-year high in September, providing some evidence that the European Central Bank’s monetary stimulus is bearing fruit.
September 30, 2016
Conditions in the labor market in the common-currency bloc remained broadly unchanged in August, according to recently released data by Eurostat.