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Euro zone inflation falls to 1.8% in September, below the European Central Bank's 2% target
Euro zone inflation fell to 1.8% in September, coming in below the European Central Bank’s 2% target, flash data from statistics agency Eurostat showed Tuesday. The reading was in line with the expectations of economists polled by Reuters, after annual inflation hit a three-year-low of 2.2% in August. The core inflation rate, which excludes more volatile energy, food, alcohol and tobacco prices, came in at 2.7%. It was forecast to remain unchanged from the August reading of 2.8%. Services inflation in the euro zone eased to 4% in September, down from 4.1% in August, the data showed. The figures come after September ... (full story)
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- Posted: Oct 1, 2024 7:49am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 3,994
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