Eurozone inflation falls under 2% for first time since 2021
The eurozone's annual inflation rate fell to its lowest level in three-and-a-half years in September, official data showed Tuesday, dropping below the European Central Bank's two-percent target and fuelling expectations of a rate cut. The slowdown in inflation comes after energy prices fell sharply by 6.0 percent in September, compared with a drop of 3.0 percent in August, Eurostat data showed.
Eurozone inflation falls under 2% for first time since 2021
The eurozone's annual inflation rate fell to its lowest level in three-and-a-half years in September, official data showed Tuesday, dropping below the European Central Bank's two-percent target and fuelling expectations of a rate cut. The slowdown in inflation comes after energy prices fell sharply by 6.0 percent in September, compared with a drop of 3.0 percent in August, Eurostat data showed.
Eurozone inflation falls below 2% in Sept, boosting rate cut hopes
Eurozone inflation fell below the European Central Bank's 2% target for the first time since 2021, boosting hopes of further interest rate cuts in the single currency bloc.
Eurozone inflation falls below 2% target boosting hopes of an interest rate cut
Oct. 1 (UPI) -- Inflation in the 20 European Union economies that use the euro slowed by 0.4% to 1.8% in September as an energy prices plunge that began in August gathered pace, according to official figures published Tuesday.
South Korea Sept consumer inflation +1.6% y/y, way below forecast
SEOUL : South Korea's consumer inflation cooled more than expected in September and hit the weakest level since early 2021, official data showed on Wednesday. The consumer price index rose 1.6 per cent in September from a year earlier, after a rise of 1.9 per cent in August, according to Statistics Korea.
South Korea Sept consumer inflation +1.6% y/y, way below forecast
SEOUL : South Korea's consumer inflation cooled more than expected in September and hit the weakest level since early 2021, official data showed on Wednesday. The consumer price index rose 1.6 per cent in September from a year earlier, after a rise of 1.9 per cent in August, according to Statistics Korea.
Euro zone inflation under 2% for first time since 2021
The euro zone's annual inflation rate fell to its lowest level in three and a half years in September, dropping below the European Central Bank's 2% target and fuelling expectations of a rate cut.
South Korea Inflation Slows To 1.6% On Year In September
(RTTNews) - Overall consumer prices in South Korea were up 1.6 percent on year in September, Statistics Korea said on Wednesday. That was in line...
last updated on 2 Oct 02:25