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Euro area annual inflation down to 1.8%

Euro area annual inflation is expected to be 1.8% in September 2024, down from 2.2% in August according to a flash estimate from Eurostat, the statistical office of the European Union.

Photo: Dreamstime.

Looking at the main components of euro area inflation, services is expected to have the highest annual rate in September (4.0%, compared with 4.1% in August), followed by food, alcohol & tobacco (2.4%, compared with 2.3% in August), non-energy industrial goods (0.4%, stable compared with August) and energy (-6.0%, compared with -3.0% in August).

Table: Eurostat.

More information:
Eurostat
www.ec.europa.eu

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