glass inflation Annual decline in the Eurozone decreased to 2.9% in OctoberThis is the lowest figure since July 2021, as reported this Friday by the community statistical office Eurostat.
Eurostat thus confirmed this Friday the preliminary forecast published on 31 October.
The Community statistical office also reported this Friday that annual inflation in the European Union in October. It decreased to 3.6% in the tenth month of 2023A figure not recorded since September 2021.
In September, inflation was 4.3% in twenty countries sharing the euro and 4.9% in twenty-seven countries. In October 2022, Annual inflation in the Eurozone was 10.6 percent And 11.5% across all community club.
Core inflation, which excludes the impact of energy and fresh food prices, the most volatile prices, fell to 5% in the euro area; This is five-tenths of what was recorded in September and below the 6.4% reached in October 2022.
Considering different product categories, the largest contribution to the annual inflation rate of 2.9% in the euro area came from the services sector (1.97 points), followed by food, alcohol and tobacco (1.48 points) and the non-energy industry. goods (0.9 points).
There was a negative contribution of -1.45 points in energy.
Prices on a country basis decreased in October Belgium (1.7% decrease), Holland (1%) and Denmark (0.4%).
On the other hand, the highest inflation rates Hungary (9.6%), czechia (9.5%) and Romania (8.3%).
Inflation in Spain rose to 3.5% in October; this was two tenths more than in September, but below the 7.3% reached in the tenth month of last year.
The highest inflation among the main economies of the eurozone was recorded in October 2023. France (4.5%) and then Germany (3%) and Italy (1.8%).
Compared with September, annual inflation fell in 22 Member States and rose in five in October, according to Eurostat.