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E20: Confirmation of annual inflation rate falling to 2.9% in October (RCO)

E20: Confirmation of annual inflation rate falling to 2.9% in October (RCO)

(Il Sole 24 Ore Radiocor Plus) – Rome, November 17 – In October, the annual inflation rate in the euro area fell significantly to 2.9% compared to 4.3% in September. Eurostat indicated this, confirming the initial estimates. In the European Union as a whole, inflation fell in October to 3.6% from 4.9% in September.

Looking at Eurozone data in detail, food, alcohol and tobacco recorded the highest rate (7.4% compared to 8.8% in September) followed by services (4.6% from 4.7%), and non-energy industrial goods (3.5% from 4.1%). ) and energy (-11.2% after -4.6%).

Excluding energy, inflation reached 4.9% after 5.5% in September. Excluding unprocessed foods 5% after 5.5%; Excluding energy, food, alcohol and tobacco, at 4.2% after 4.5%.

In Italy, the inflation rate in October was 1.8% from 5.6% in September. Looking at the entire EU, the lowest annual rates were recorded in Belgium (-1.7%), the Netherlands (-1%) and Denmark (-0.4%), and the highest in Hungary (9.6%) and the Czech Republic (9.5%). ) and Romania (8.3%). Compared to September, annual inflation fell in 22 member states and rose in five.

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(RADIOCOR) 17-11-23 11:00:10 (0244)ENE,SAN,FOOD,EURO 3 NNNN

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