According to detailed figures for October, consumer prices rose 0.2% over the previous month, which was well below the 0.7% rise recorded in September. As a result of the subdued monthly rise, annual headline inflation inched down from 2.6% in September to 2.5% in October. The core inflation index, which does not include prices for energy, rose 0.3% over the previous month (September: +0.7% month-on-month). However, annual core inflation was unchanged at September's 1.6%. At a country level, 12 out of the 17 Eurozone economies posted annual inflation rates equal or above the regional average. Estonia (4.2%) and Slovakia (3.9%) recorded the highest annual inflation rates. At the other end of the spectrum, inflation was lowest in Greece (0.9%), Ireland, France, Germany and Portugal (all at 2.1%). Among the other major Eurozone economies, inflation was above the regional average in Italy (2.8%) and Spain (3.5%).
Inflation moderates in October
November 15, 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.