FOREX TradingCharts.com

Financial News: Eurozone Inflation Remains Negative As Estimated

Eurozone Inflation Remains Negative As Estimated

10/16/2020 - 05:11:00 (RTTNews)

(RTTNews) - Eurozone consumer prices declined for the second straight month in September, as initially estimated, final data from Eurostat revealed Friday.

Consumer prices decreased 0.3 percent on a yearly basis, following a 0.2 percent drop in August. The statistical office confirmed the flash estimate released on October 2. A similar lower rate was last seen in April 2016.

The European Central Bank aims to keep inflation "below, but close to 2 percent." But the bank expects inflation to average 1 percent in 2021 and 1.3 percent in 2022.

Month-on-month, the harmonized index of consumer prices gained 0.1 percent in September, in line with the preliminary estimate.

Core inflation that excludes volatile energy, food, alcohol and tobacco, halved to a record 0.2 percent from 0.4 percent in August. The core rate also matched the flash estimate.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Belgium Business Confidence Unexpectedly Improves In October (34 min(s), 35 sec(s) ago)
(RTTNews) - Belgium business confidence improved in October, defying expectations for a weakening, ...Full Story»

Russia Central Bank Keeps Rate On Hold (01 hr(s), 38 min(s), 35 sec(s) ago)
(RTTNews) - Russia's central bank left its key interest rate unchanged at a record low as wide ...Full Story»

UK Private Sector Growth Moderates In October (01 hr(s), 58 min(s), 35 sec(s) ago)
(RTTNews) - The UK private sector growth moderated in October reflecting weaker contribution from ...Full Story»

Sweden Producer Prices Decline Slows In September (02 hr(s), 58 min(s), 35 sec(s) ago)
(RTTNews) - Sweden's producer prices continued to decline in September, albeit at a softer pac ...Full Story»

Taiwan Industrial Production Rises Sharply; Retail Sales Grow (02 hr(s), 57 min(s), 35 sec(s) ago)
(RTTNews) - Taiwan's industrial production rose sharply in September and retail sales increase ...Full Story»

Poland Jobless Rate Steady In September (02 hr(s), 58 min(s), 35 sec(s) ago)
(RTTNews) - Poland's jobless rate remained stable in September, data from Statistics Poland sh ...Full Story»

Eurozone Private Sector Undergoes Renewed Downturn (03 hr(s), 46 min(s), 35 sec(s) ago)
(RTTNews) - The euro area private sector returned to negative territory for the first time since J ...Full Story»

Austria Production Index Falls In August (05 hr(s), 46 min(s), 35 sec(s) ago)
(RTTNews) - Austria's production index declined in August, albeit at a softer pace, amid a fal ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Belgium Business Confidence Unexpectedly Improves In October

10/23/2020 - 09:25 AM (RTTNews)
(RTTNews) - Belgium business confidence improved in October, defying expectations for a weakening, ...Full Story>>

Russia Central Bank Keeps Rate On Hold

10/23/2020 - 08:21 AM (RTTNews)
(RTTNews) - Russia's central bank left its key interest rate unchanged at a record low as wide ...Full Story>>

UK Private Sector Growth Moderates In October

10/23/2020 - 08:01 AM (RTTNews)
(RTTNews) - The UK private sector growth moderated in October reflecting weaker contribution from ...Full Story>>

Taiwan Industrial Production Rises Sharply; Retail Sales Grow

10/23/2020 - 07:02 AM (RTTNews)
(RTTNews) - Taiwan's industrial production rose sharply in September and retail sales increase ...Full Story>>

Poland Jobless Rate Steady In September

10/23/2020 - 07:01 AM (RTTNews)
(RTTNews) - Poland's jobless rate remained stable in September, data from Statistics Poland sh ...Full Story>>

Do not sell my personal information

Copyright © 2020. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.