inflation rate euro area september

inlation here to stay

Higher Inflation In The Euro Area Is Here To Stay

The inflation rate for the Euro Area (flash estimate) was at +0.4% in September. It is the highest since October 2014. In August the inflation rate was at 0.2%. The core inflation rate was stable at 0.8%. The explanation has to be found in the oil price profile as said by Philippe Waechter, Chief Economist at Natixis AM.