Eurozone Inflation Rate Climbs Above 2%


The annual inflation rate in the Euro Area is expected to pick up to 2.1 percent in September 2018, matching July's five-and-a-half-year high and market expectations.

Looking at the main components of euro area inflation, prices are expected to rise at a faster pace for both energy (9.5 percent vs 9.2 percent in August) and unprocessed food (3.2 percent vs 2.5 percent). Meanwhile, inflation should slow for processed food, alcohol & tobacco (2.3 percent vs 2.4 percent) and remain unchanged for services (at 1.3 percent) and non-energy industrial goods (at 0.4 percent)

Annual core inflation, which excludes volatile prices of energy, food, alcohol & tobacco and at which the ECB looks in its policy decisions, is likely to ease to 0.9 percent in September from 1 percent in August, below market consensus of 1.1 percent.

Eurozone Inflation Rate Climbs Above 2%


Eurostat | Joana Ferreira | joana.ferreira@tradingeconomics.com
9/28/2018 9:16:09 AM