Economy

Eurozone Inflation Accelerates to 9.9% Y/Y in September from 9.1% in August: Eurostat

MOSCOW (Sputnik) - Annualized inflation in 19 eurozone countries accelerated to an all-time high of 9.9% in September from 9.1% a month earlier, according to Eurostat's final estimate.
Sputnik
Preliminary estimate showed that inflation was 10% in September.
Nevertheless, in this way, the final inflation indicator in the eurozone has again updated the maximum in the entire history of the existence of this currency bloc.
A year earlier, inflation in the eurozone was recorded at only 3.4% per annum. And only in September of this year, consumer prices in the eurozone, according to the final estimate, increased by 1.2%.
At the same time, core annual inflation accelerated to 4.8% from 4.3% a month earlier, as the preliminary estimate showed.
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