Government of Nova Scotia, Canada

Home > Economics and Statistics > Archived Daily Stats
The Economics and Statistics Division maintains archives of previous publications for accountability purposes, but makes no updates to keep these documents current with the latest data revisions from Statistics Canada. As a result, information in older documents may not be accurate. Please exercise caution when referring to older documents. For the latest information and historical data, please contact the individual listed to the right.

<--- Return to Archive

For additional information relating to this article, please contact:

Thomas StorringDirector – Economics and Statistics
Tel: 902-424-2410Email:

October 18, 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

<--- Return to Archive