Eurozone: Inflation Drops to 1.1 Percent

Politics ♦ Published: September 30, 2013; 14:40 ♦ (Vindobona)

According to first estimates by Eurostat, the Eurozone shows the lowest inflation rate in more than a year. Only twelve months ago the inflation rate was at 2.7 percent.

Eurozone: Inflation Drops to 1.1 Percent / Picture: © Vindobona.org

In September, compared to August, the inflation rate in the Eurozone decreased from 1.3 percent to 1.1 percent. As announced by the European Union’s statistical office Eurostat on Friday, food, alcohol and tobacco were the greatest price drivers in August followed by services, industrial goods and energy.

The EU’s statistical office will present detailed information about the…

or Log In

Fast News Search
Related News
Global Wealth Report: Austrians Richer than Before 2008 (September 24, 2013)
Austria: Inflation Rate on Lowest Level in Three Year (September 16, 2013)
IMF: Praise and Criticism for Austria (September 11, 2013)
Austria: Weak Growth Impulses (September 10, 2013)
Austria: Minor Decrease of Inflation Rate (August 16, 2013)
Read More
Eurozone, Brussels, ECB European Central Bank, Inflation, Industrial Production, Statistics, Statistics Austria, Service Industry, Energy Industry, Food Industry
Featured
See latest Vindobona Newsletter