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Financial News: Eurozone Inflation Eases In September

Eurozone Inflation Eases In September

10/01/2019 - 05:14:00 (RTTNews)

(RTTNews) - Eurozone inflation eased unexpectedly in September, flash data from Eurostat showed Tuesday.

Inflation came in at 0.9 percent in September versus 1 percent in August. The rate was forecast to remain unchanged at 1 percent.

Price growth remained below the European Central Bank's target of "below, but close to 2 percent."

Meanwhile, core inflation rose to a 3-month high of 1 percent from 0.9 percent in August. The rate came in line with expectations.

On a monthly basis, consumer prices gained 0.2 percent and core prices advanced 0.4 percent in September.

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