Eurozone’s inflation rate settle at 1.5%

Mubasher: Inflation rate in the Euro zone settled during last month, according to the most recent data announced by Eurostat.

As per the data published on Friday, inflation rate registered 1.5% in September, maintaining the same level of August.

This comes contrary to the experts’ expectation that forecasted an inflation rate of 1.6%.

As for the basic inflation rate, which excludes food, alcohol and tobacco, it recorded a lower rate of 1.1% down from 1.2% in the month before.

The rise in energy prices also slowed down to 3.9%, compared to 4% in August.

Mubasher Contribution Time: 29-Sep-2017 12:15 (GMT)
Mubasher Last Update Time: 29-Sep-2017 12:15 (GMT)