Inflation in the euro area fell to a four-and-a-half-year low in September

By: Trademagazin editor Date: 2020. 10. 20. 11:05

Annual headline inflation in the euro area fell to a four-and-a-half-year low in September, and core inflation was the lowest ever recorded, according to final data released by the Statistical Office of the European Communities (Eurostat).

Consumer prices fell 0.3 percent year-on-year in the euro area in September, the weakest value since April 2016. They measured a 0.2 percent decline in August, compared with a 0.8 percent increase in September last year.
The price of food, alcohol and tobacco products rose 1.8 percent and services 0.5 percent, but energy prices fell 8.2 percent. (MTI)