CEO Comité Européen de l‘Outillage 
European Tool Committee 
Europäisches Werkzeugkomittee

Annual inflation up to 2.1% in the euro area

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).

 

Further information:

Annual inflation September 2018

 

Source: Eurostat, https://ec.europa.eu/eurostat/home

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Posted in General Market News, Market Trends & Statistics

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