FlowBank

918 days ago • Posted by Martin Boujol

Core inflation in the Euro Area at its highest since December 2008

The annual core inflation for the Euro Area climbed to 1.9% in September, its highest rate since December 2008. If we include the volatile prices of energy, alcohol and food, we obtain an inflation rate of 3.4% year over year in September, well above the ECB's 2% target. Meanwhile, the consumer price index was up 0.5% month over month for September. Source: Trading Economics

#Macro
Core inflation in the Euro Area at its highest since December 2008
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