The euro space annual inflation fee got here at three.four% in September, up from three% in August, in keeping with knowledge by the statistical workplace Eurostat. That’s the best degree in 13 years.
Knowledge exhibits that European Union annual inflation was three.6% final month, in contrast with three.2% in August. A yr earlier, the speed was zero.three%.
The bottom annual charges have been registered in Malta (zero.7%), Portugal (1.three%) and Greece (1.9%), Eurostat stated. The very best annual charges have been recorded in Estonia, Lithuania (each 6.four%) and Poland (5.6%).
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“In September, the best contribution to the annual euro space inflation fee got here from power (+1.63 proportion factors, pp), adopted by providers (+zero.72 pp), non-energy industrial items (+zero.57 pp) and meals, alcohol & tobacco (+zero.44 pp),” stated the report.
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