Since the inflation crisis hit in 2021, the European economies have struggled to keep price developments on a tight leash. The aim has been to bring inflation down below two per cent. It has now succeeded - at least for the countries whose currency is the euro.
Statistics agency Eurostat published on Tuesday its estimate of the annual increase in consumer prices in September. This is an inflation of 1.8 per cent. It is 0.4 percentage points lower than August and the first time since June 2021 below two per cent.
- The development is really gratifying for European consumers, who are regaining purchasing power with great speed at the moment, says Bjørn Tangaa Sillemann, chief analyst at Danske Bank.
/ritzau/
Text, graphics, images, sound, and other content on this website are protected under copyright law. DK Medier reserves all rights to the content, including the right to exploit the content for the purpose of text and data mining, cf. Section 11b of the Copyright Act and Article 4 of the DSM Directive.
Customers with IP agreements/major customer agreements may only share Danish Offshore Industry articles internally for the purpose of handling specific cases. Sharing in connection with specific cases refers to journaling, archiving, or similar uses.
Customers with a personal subscription/login may not share Danish Offshore Industry articles with individuals who do not themselves have a personal subscription to Danish Offshore Industry.
Any deviation from the above requires written consent from DK Medier.
