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Annual inflation in the eurozone in September accelerated to a record since 2008


Octobre, 20 2021
watermark Economic news

According to the final estimate of the European statistical agency Eurostat, annual inflation in 19 eurozone countries accelerated to 3.4% in September – a record since September 2008. The previous indicator in August was marked at the level of 3%.


The indicator coincided with analysts' forecasts and preliminary assessment. A year earlier, deflation of 0.3% was recorded in the eurozone.


On a monthly basis, consumer prices in the eurozone increased by 0.5% in September, which also coincided with the preliminary estimate.


Core annual inflation accelerated to 1.9% from 1.6% a month earlier. The indicator coincided with the analysts' forecast and preliminary assessment.


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Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.