20-Oct-2010 12:27 PM

Euro area annual inflation up to 1.8% in Sep-2010

Eurostat stated (15-Oct-2010) euro area annual inflation was 1.8% in Sep-2010 up from 1.6% in Aug-2010.  A year earlier the rate was -0.3%. Monthly inflation was 0.2% in Sep-2010 while EU inflation was 2.2% in the month, up from 2.0% in Aug-2010. A year earlier the rate was 0.3%. Compared with Aug-2010, annual inflation rose in twenty Member States, remained stable in four and fell in three. TThe main components with the highest annual rates in September 2010 were transport (4.1%), alcohol and tobacco (3.2%) and housing (2.9%), while the lowest annual rates were observed for communications (-0.9%), recreation and culture (-0.2%) and clothing (0.2%).