Economic Buzz: Eurozone Annual Inflation Rises 9.9% In September

19 Oct 2022 , 03:03 PM

The euro area annual inflation rate was 9.9% in September 2022, up from 9.1% in August. A year earlier, the rate was 3.4%. European Union annual inflation was 10.9% in September 2022, up from 10.1% in August. A year earlier, the rate was 3.6%. These figures are published by Eurostat, the statistical office of the European Union. In September, the highest contribution to the annual euro area inflation rate came from energy (+4.19 percentage points, pp), followed by food, alcohol & tobacco (+2.47 pp), services (+1.80 pp) and non-energy industrial goods (+1.47 pp). Powered by Commodity Insights