Euro zone inflation falls to 1.8% in September 2024 below the ECB target of 2%

In September 2024, inflation in the Euro zone fell to 1.8%, falling below the European Central Bank’s target of 2%, according to early data from Eurostat released on Tuesday 1st October 2024

Excluding the more volatile prices of energy, food, alcohol, and tobacco, the core inflation rate stood at 2.7%, marginally below the anticipated forecasts.

This inflation figure matched the predictions of economists.

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