Brussels:Annual inflation in the eurozone increased to 3.8% in September, marking a 0.6 percentage point rise from August.
According to Azeri-Press news agency, a preliminary estimate by Eurostat, the European Union’s statistical office, highlighted that energy prices saw the most significant increase among the main components of inflation.
Energy prices surged by 18.8% year-on-year in September, up from 14.3% in August. Prices for services also rose, reaching 3.2%, compared to 3% in the previous month.
The annual price increase for food, alcohol, and tobacco accelerated to 1.4% from 1.1% in August. In contrast, inflation for non-energy industrial goods slightly slowed to 1.1% from 1.2%.