Euro Area annual inflation was 1.5% in September 2017, stable compared with August 2017. In September 2016 the rate was 0.4%. European Union annual inflation was 1.8 % in September 2017, up from 1.7 % in August 2017. A year earlier the rate was 0.4 %. These figures come from Eurostat, the statistical office of the European Union.
The lowest annual rates were registered in Cyprus (0.1 %), Ireland (0.2 %) and Finland (0.8 %). The highest annual rates were recorded in Lithuania (4.6 %), Estonia (3.9 %) and Latvia (3.0 %). Compared with August 2017, annual inflation rose in eleven Member States, remained stable in seven and fell in nine.
The largest upward impacts to the euro area annual inflation came from fuels for transport (+0.20 percentage points), restaurants & cafés (+0.15 pp) and tobacco (+0.10 pp), while social protection (-0.05 pp), telecommunication (-0.04 pp) and vegetables (-0.02 pp) had the biggest downward impacts.
A flash estimate of euro area inflation is issued at the end of each reference month. The euro area flash estimate for September 2017, published on September 29, 2017, was 1.5 %.
The next flash estimate of euro area inflation with data for October 2017 is scheduled for 31 October 2017.