Brussels, October 19 (QNA) – Data from the Statistical Office of the European Union (Eurostat) revealed that Eurozone inflation rate rose by less than expected in September, yet it remains a high figure.
The inflation rate rose to 9.9 percent in September, compared to expectations for it to reach 10.0 percent. In contrast, the inflation rate reached 9.1 percent last August.
The core inflation rate, excluding energy, food, alcohol and tobacco, rose to 4.8 percent last September, compared to 4.3 percent last August. The inflation index rose on a monthly basis by 1.2 percent in September.
Among the four components of inflation, energy prices recorded the highest annual growth of 40.7 percent, followed by food, alcohol and tobacco prices at 11.8 percent. (QNA)