The Euro area annual inflation rate was 2.1% in September 2018, up from 2.0% in August.
A year earlier, the rate was 1.5%. European Union annual inflation was 2.2% in September 2018, stable compared to August. A year earlier, the rate was 1.8%. The lowest annual rates were registered in Denmark (0.5%), Greece (1.1%) and Ireland (1.2%). The highest annual rates were recorded in Romania (4.7%), Hungary (3.7%) and Bulgaria (3.6%).
Compared with August 2018, annual inflation
- fell in nine Member States,
- remained stable in four and
- rose in fourteen.
In September 2018, the highest contribution to the annual euro area inflation rate came from energy (+0.90 percentage points, pp), followed by services (+0.57 pp), food, alcohol & tobacco (+0.51 pp) and non-energy industrial goods (+0.08 pp).
Source: Eurostat, https://ec.europa.eu/eurostat/home