Annual Inflation Down to 1.7% in the Euro Area in September 2024

17 October 2024

The Euro Area annual inflation rate was 1.7% in September 2024, down from 2.2% in August. A year earlier, the rate was 4.3%. European Union annual inflation was 2.1% in September 2024, down from 2.4% in August. A year earlier, the rate was 4.9%. These figures are published by Eurostat, the statistical office of the European Union.

In September 2024, the highest contribution to the annual Euro Area inflation rate came from services (+1.76 percentage points, pp), followed by food, alcohol & tobacco (+0.47 pp), non-energy industrial goods (+0.12 pp) and energy (-0.60 pp).

Source: Eurostat
Post by: Republic of Türkiye Ministry of Trade