It drops one tenth with respect to the advance data published by Eurostat on September 30
Spain, with 9%, is nine tenths below the European average
The year-on-year inflation rate in the euro area stood at 9.9% last September, which marks a new historical record and represents an acceleration of eight tenths compared to that registered in August, although it is one tenth below the first estimate of 10% published by Eurostat, according to the second reading of the data carried out by the Community Statistics Office.
In the European Union as a whole, the year-on-year inflation rate for September accelerated to 10.9%, also eight tenths more than the 10.1% figure for August.
Rises driven by energy, food and services
In September there was a general rise in prices in the euro area, especially energy prices, which continue to be the main drivers of the inflation rate and rose by 40.7% in the ninth month of the year.
On the other hand, food also had an influence, raising its prices by 12.7%, which is 1.7 points more compared to the increase of 11% in the previous month. Services rose by 4.3%, while non-energy industrial goods rose by 5.6%.
If the calculation for energy is excluded from the calculation, the year-on-year inflation rate for the euro zone stood at 6.4% in September. Furthermore, if food, alcohol and tobacco are also ruled out, underlying inflation reached a record 4.8%, five tenths more than in August.
Spain, nine tenths below the eurozone average
In September, 11 of the 19 countries in the euro zone registered inflation rates above 10%, while in the case of the Twenty-seven it occurred in 18 States.
Of the EU countries, the largest price increases were observed in Estonia (24.1%), Lithuania (22.5%) and Latvia (22%), while the least intense increases were observed in France (6 .2%), Malta (7.4%) and Finland (8.4%).
Spain, for its part, reached a harmonized inflation of 9% in September, nine tenths less than the eurozone average and 1.5 points less than the Spanish rate in August, when it reached 10.5%. The INE confirmed on October 14 that the IPC closed in September at 8.9%.
CPI for September in the countries of the euro zone
Percentage of interannual variation
Estonia 24,1%
Lituania 22,5%
Irlanda 20,7%
Hungría 20,7%
Rep. Checa 17,8%
Países Bajos 17,1%
Polonia 15,7%
Bulgaria 15,6%
Eslovaquia 13,6%
Rumanía 13,4%
Croacia 12,6%
Grecia 12,1%
Bélgica 12,1%
Dinamarca 11,1%
Austria 10,9%
Alemania 10,9%
Unión Europea 10,9%
Eslovenia 10,6%
Suecia 10,3%
Zona euro 9,9%
Portugal 9,8%
Italia 9,4%
Chipre 9%
España 9%
Luxemburgo 8,8%
Finlandia 8,4%
Letonia 8,4%
Malta 7,4%
Francia 6,2%
Compared to the eurozone and the EU, inflation in the United States stood at 8.2% last September, one tenth below the rise in prices in August, while in the United Kingdom rose to 10.1%, compared to 9.9% in August, thus returning to the highest level since 1982, which had also been observed in July.
The Governing Council of the European Central Bank (ECB) raised interest rates by 50 basis points in July and by 75 points at its September meeting. The governing body of the central bank of the euro zone will meet again to examine its monetary policy on October 27.
Eurozone and the Twenty Seven
The European Union is made up of 27 countries: Belgium, Bulgaria, the Czech Republic, Denmark, Germany, Estonia, Ireland, Greece, Spain, France, Croatia, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Hungary, Malta, the Netherlands, Austria , Poland, Portugal, Romania, Slovenia, Slovakia, Finland and Sweden.
On the other hand, the eurozone is made up of 19 countries: Belgium, Germany, Estonia, Ireland, Greece, Spain, France, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Austria, Portugal, Slovenia, Slovakia and Finland. .