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    Jährliche Inflation im Euroraum auf 1,7 % gesunken; Die niedrigsten jährlichen Raten wurden in Irland registriert (0,0 %).


    Jährliche Inflation im Euroraum auf 1,7 % gesunken; Die niedrigsten jährlichen Raten wurden in Irland registriert (0,0 %).

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    Von NanorH

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    14 Comments

    1. NanorH on

      https://ec.europa.eu/eurostat/en/web/products-euro-indicators/w/2-17102024-AP

      The euro area annual inflation rate was 1.7% in September 2024, down from 2.2% in August. A year earlier, the rate was 4.3%. European Union annual inflation was 2.1% in September 2024, down from 2.4% in August. A year earlier, the rate was 4.9%. These figures are published by Eurostat, the statistical office of the European Union.

      The lowest annual rates were registered in Ireland (0.0%), Lithuania (0.4%), Slovenia and Italy (both 0.7%). The highest annual rates were recorded in Romania (4.8%), Belgium (4.3%) and Poland (4.2%). Compared with August 2024, annual inflation fell in twenty Member States, remained stable in two and rose in five.

      In September 2024, the highest contribution to the annual euro area inflation rate came from services (+1.76 percentage points, pp), followed by food, alcohol & tobacco (+0.47 pp), non-energy industrial goods (+0.12 pp) and energy (-0.60 pp).

    5. theGalatian on

      Anyone knows what are the items included for inflation basket for Ireland, or how is it calculated? Also for EU wide data would the same items be included in every country for like-for-like calculation?

    7. CheraDukatZakalwe on

      This is not good. Inflation spurs economic growth and real wage increases. We had 0% inflation and deflation for a decade after the GFC – it didn’t go well for us.

    10. TheCunningFool on

      This has the amusing impact of basically banning rent increases in RPZs for rent reviews covering the last 12 months, as rent reviews are capped at 2% or HICP (0.0%), whichever is lower.

    11. redelastic on

      So, still the second most expensive country in the EU and among the highest for food, rent, mortgage rates, healthcare, electricity, gas, transport, alcohol, internet, mobile, restaurants, hotels.

    12. Internal_Sun_9632 on

      People in this tread = Low inflation means deflation and I’m not happy because things are expensive.

    13. GalwayBogger on

      What does this mean in layman’s terms?
      – last year: potatoes were 5x more than 2 years ago, my wages are still the same as 5 years ago, I couldn’t afford meat
      – this year: potatoes are 5x more than 3 years ago, my wages are still the same as 5 years ago, I couldn’t afford meat and now I need a loan to pay for my rent since my savings are gone on potatoes and we have a housing crisis

    14. oniume on

      I’d love to see how they calculate it. Housing inflation is up around 10%, grocery inflation is 2 or 3%, what’s making it average down to 0?

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