Eurozone inflation falls to 1.8% in September, the lowest since 2021, with notable drops in energy and steady growth in services and essentials.
The Eurozone's annual inflation rate fell to 1.8% in September 2024, the lowest since April 2021, down from 2.2% in August and matching forecasts of 1.8%, based on preliminary estimates. Among the key components of Eurozone inflation, services registered the highest annual rate at 4.0%, a slight decrease from 4.1% in August. This was followed by food, alcohol, and tobacco, which rose to 2.4% from 2.3% in the previous month. Non-energy industrial goods remained steady at 0.4%, while energy experienced a sharper decline, dropping to -6.0% from -3.0% in August.
Source: EUROSTAT
Global markets remained defensive as stalled U.S.–Iran negotiations and persistent Middle East tensions continued to fuel inflation concerns and strengthen the dollar.
Global markets remained under pressure as persistent inflation concerns and stalled U.S.–Iran diplomacy reinforced expectations for tighter monetary policy.
Detail Yields Rise While Metals Trade Mixed (05.13.2026)Global markets turned cautious as escalating U.S.–Iran tensions and stronger U.S. inflation data reinforced expectations for higher interest rates.
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