The euro area annual inflation rate was 1.7% in September 2024, down from 2.2% in August. A year earlier, the rate was 4.3%. European Union annual inflation was 2.1% in September 2024, down from 2.4% in August. A year earlier, the rate was 4.9%. These figures are published by Eurostat, the statistical office of the European Union.
The lowest annual rates were registered in Ireland (0.0%), Lithuania (0.4%), Slovenia and Italy (both 0.7%). The highest annual rates were recorded in Romania (4.8%), Belgium (4.3%) and Poland (4.2%). Compared with August 2024, annual inflation fell in twenty Member States, remained stable in two and rose in five.
In September 2024, the highest contribution to the annual euro area inflation rate came from services (+1.76 percentage points, pp), followed by food, alcohol & tobacco (+0.47 pp), non-energy industrial goods (+0.12 pp) and energy (-0.60 pp).
Willing-Departure115 on
Obligatory “suck it, Denmark”
marquess_rostrevor on
I’m feeling a bit deflated about it.
Storyboys on
Someone best tell the corporations.
theGalatian on
Anyone knows what are the items included for inflation basket for Ireland, or how is it calculated? Also for EU wide data would the same items be included in every country for like-for-like calculation?
6 Comments
https://ec.europa.eu/eurostat/en/web/products-euro-indicators/w/2-17102024-AP
The euro area annual inflation rate was 1.7% in September 2024, down from 2.2% in August. A year earlier, the rate was 4.3%. European Union annual inflation was 2.1% in September 2024, down from 2.4% in August. A year earlier, the rate was 4.9%. These figures are published by Eurostat, the statistical office of the European Union.
The lowest annual rates were registered in Ireland (0.0%), Lithuania (0.4%), Slovenia and Italy (both 0.7%). The highest annual rates were recorded in Romania (4.8%), Belgium (4.3%) and Poland (4.2%). Compared with August 2024, annual inflation fell in twenty Member States, remained stable in two and rose in five.
In September 2024, the highest contribution to the annual euro area inflation rate came from services (+1.76 percentage points, pp), followed by food, alcohol & tobacco (+0.47 pp), non-energy industrial goods (+0.12 pp) and energy (-0.60 pp).
Obligatory “suck it, Denmark”
I’m feeling a bit deflated about it.
Someone best tell the corporations.
Anyone knows what are the items included for inflation basket for Ireland, or how is it calculated? Also for EU wide data would the same items be included in every country for like-for-like calculation?
It doesn’t fucking feel like it