According to Eurostat’s final reading of Eurozone CPI report, the consumer prices came in at 2.1% on a yearly basis, confirming the flash estimate. While the core figures steadied at 0.9% versus 1.1%.
On a monthly basis, the bloc’s CPI figure for September rose to 0.5% versus 0.2% previous while the core CPI numbers arrived at 0.4% versus 0.2% expected and 0.2% last.
Key Details (via Eurostat):
“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).”
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