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October 18, 2023EU AND EURO AREA CONSUMER PRICE INDEX, SEPTEMBER 2023 Year-over-year (September 2023 vs September 2022)
The inflation rate slowed to 4.9% in the European Union and to 4.3% in the Euro Area in September 2023.
The fastest inflation was reported in Hungary (+12.2%) while the slowest inflation rate was in Nethlerlands (-0.3%), Denmark (+0.6%), Belgium (+0.7%).
Energy inflation declined 3.6% in the European Union and declined 4.6% in the Euro Area in September2023.
Food price inflation is slowing but remains elevated at 9.2% for the European Union and 9.1% for the Euro Area.
Excluding the impacts of energy, food, alcohol and tobacco prices year-over-year inflation was slowed to 5.1% in the European Union and 4.5% in the Euro Area in September 2023.
Source: Eurostat
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