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The year-on-year change in the harmonised consumer price index for the Eurozone rose to 3.8% in September, up from 3.2% in August. This marks the highest annual inflation rate since September 2023 and surpassed the 3.6% economists had anticipated. Prices also increased by 0.6% month-on-month.
Eurozone inflation accelerated to 3.8 percent in September, a three-year high, driven by energy prices, according to a flash estimate from Eurostat. This marks an increase from 3.2 percent in August.