Euro area annual inflation down to 4.3%

BRUSSELS, 30th September, 2023 (WAM) Euro area annual inflation is expected to be 4.3% in September 2023, down from 5.2% in August, according to a flash estimate from Eurostat, the statistical office of the European Union. Looking at the main compo…

BRUSSELS, 30th September, 2023 (WAM) Euro area annual inflation is expected to be 4.3% in September 2023, down from 5.2% in August, according to a flash estimate from Eurostat, the statistical office of the European Union. Looking at the main components of euro area inflation, food, alcohol and tobacco is expected to have the highest annual rate in September (8.8%, compared with 9.7% in August), followed by services (4.7%, compared with 5.5% in August), non-energy industrial goods (4.2%, compared with 4.7% in August) and energy (-4.7%, compared with -3.3% in August). Tariq Al Fahaam

Source: Emirates News Agency

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