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Euro area annual inflation down to 0.3% in September

According to a flash estimate from Eurostat,, euro area annual inflation is expected to be -0.3% in September 2020, down from -0.2% in August. Economists had expected a 0.2% decrease

Looking at the main components of euro area inflation, food, alcohol & tobacco is expected to have the highest annual rate in September (1.8%, compared with 1.7% in August), followed by services (0.5%, compared with 0.7% in August), non-energy industrial goods (-0.3%, compared with -0.1% in August) and energy (-8.2%, compared with -7.8% in August).

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