Food prices are rising more slowly in the euro area and the EU
In September, the annual rate of inflation moderated both in the euro area and in the European Union – the statistical office of the European Union, Eurostat, announced on Wednesday as final data.
In the euro area, the annual harmonized consumer price index (HICP) calculated for EU comparison purposes fell in September from 5.2 percent in August to 4.3 percent, the lowest since October 2021.
The decrease in energy prices accelerated to 4.6 percent after the 3.3 percent fall in August.
The prices of food, alcoholic beverages and tobacco products rose the most in September, by 8.8 percent, which is, however, a slowdown after the 9.7 percent increase in August. The price of services also increased at a slower pace, by 4.7 percent after the 5.5 percent registered in August.
Related news
HÖOK: the purchasing power of scholarships has halved in four years
Although wages have started to increase, student benefits have not…
Read more >Frost hits Hungarian orchards – season starts with price hike and supply shortage
As May marks the last month of spring and the…
Read more >Sentix: Eurozone investor confidence index improved significantly in May
The Sentix eurozone investor confidence index for May improved more…
Read more >Related news
Márton Nagy: the government would introduce margin restrictions for stores selling household goods
The government may discuss on Wednesday and is expected to…
Read more >The Hungarian Food Bank Association is organizing a record-sized food collection on Friday and Saturday
At the Friday and Saturday fundraiser organized by the Hungarian…
Read more >Pick Szeged Zrt.’s profit decreased, but its sales revenue increased last year
Pick Szeged Zrt.’s after-tax profit in 2024 was 6.7 billion…
Read more >