Eurozone inflation confirmed at three-year high of 3.2% - Yahoo Finance

Eurozone inflation rose to a three-year high in September due to a surge in energy prices, final data from Eurostat confirmed on Friday. Inflation rose to 3.8% in September, marking the highest since September 2023, from 3.2% in August. The rate matched the flash estimate published on October 2. Excluding energy, food, alcohol and tobacco, core inflation rose slightly to 2.5%, as estimated, up from 2.4% in the previous month. Month-on-month, the harmonized index of consumer prices gained 0.6%, matching the initial estimate. Among components of the HICP, energy prices showed the sharpest annual growth at 18.9%. The increase in food, alcohol and tobacco prices advanced to 1.3% from 1.1%. Likewise, non-energy industrial goods prices gained 1.