Eurozone inflation rises to three-year high of 3.8 percent
Eurozone inflation accelerated to 3.8 percent in September, the highest level in the past three years. This is according to a flash estimate released on Friday by Eurostat, the statistical office of the European Union headquartered in Luxembourg. ihned.cz ↗
Year-on-year growth in consumer prices rose from 3.2 percent in August. The result exceeded economists' expectations, who had predicted inflation would accelerate to 3.7 percent. The data applies to all 21 countries using the common European currency. teraz.sk ↗
The main reason for September's increase was energy. Energy prices rose by nearly 19 percent year-on-year. The sharp rise in energy prices is linked to the conflict in the Middle East and its impact on oil prices and other energy commodities. Higher costs are gradually being passed on to prices paid by consumers. hnonline.sk ↗
The significant acceleration in inflation is increasing pressure on the European Central Bank. Price developments could influence its future decisions on monetary policy and interest rates. However, the current figures represent only a preliminary estimate from Eurostat. n-tv ↗
Eurostat may still revise the final data on September inflation. Further developments will depend mainly on energy prices and how long their rise caused by the situation in the Middle East continues.
Year-on-year growth in consumer prices rose from 3.2 percent in August. The result exceeded economists' expectations, who had predicted inflation would accelerate to 3.7 percent. The data applies to all 21 countries using the common European currency. teraz.sk ↗
The main reason for September's increase was energy. Energy prices rose by nearly 19 percent year-on-year. The sharp rise in energy prices is linked to the conflict in the Middle East and its impact on oil prices and other energy commodities. Higher costs are gradually being passed on to prices paid by consumers. hnonline.sk ↗
The significant acceleration in inflation is increasing pressure on the European Central Bank. Price developments could influence its future decisions on monetary policy and interest rates. However, the current figures represent only a preliminary estimate from Eurostat. n-tv ↗
Eurostat may still revise the final data on September inflation. Further developments will depend mainly on energy prices and how long their rise caused by the situation in the Middle East continues.
This summary was generated by artificial intelligence. It may contain inaccuracies. Please verify information in the original sources below.
Sources (10)
„EZB wird Zinsen anheben“: Iran-Krieg treibt Inflation im Euroraum auf Drei-Jahres-Hoch
Tagesspiegel
| 11:30 02.10.
Zinsdruck für EZB: Inflation im Euroraum springt auf höchsten Stand seit drei Jahren
n-tv
| 13:26 02.10.
Inflácia v eurozóne atakuje štyri percentá
ekonomika.sme.sk
| 12:08 02.10.
Wirtschaft - Energiepreise treiben Inflation im Euroraum auf Drei-Jahres-Hoch
Deutschlandfunk
| 11:53 02.10.
Inflácia v eurozóne sa za posledný mesiac vyšplhala na trojročné maximum
aktuality.sk
| 11:41 02.10.
Inflácia v eurozóne sa v septembri zrýchlila na 3-ročné maximum 3,8 %
teraz.sk
| 11:37 02.10.
Inflácia v eurozóne vyskočila na trojročné maximum, v septembri dosiahla 3,8 percenta
hnonline.sk
| 11:24 02.10.
Inflácia v eurozóne vyskočila na trojročné maximum, ceny energií stúpli takmer o 19 percent
hnonline.sk
| 11:24 02.10.
L’inflation en zone euro grimpe à 3,8% en septembre, son plus haut niveau depuis 3 ans
Le Figaro
| 11:18 02.10.
L'inflazione nell'Eurozona balza a settembre al 3,8% con l'energia
ANSA
| 11:06 02.10.
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