Inflation took a break again in September and fell by four tenths from the previous month, settling at 1.8%, the lowest figure since April 2021 and below the 2% target. of the European Central Bank. The evolution of prices has thus relaxed, even if the President of the ECB, Christine Lagarde, anticipated this Monday in the European Parliament that there would be a “temporary” increase in the last quarter of the year. However, he predicted that the trend would be downward and pointed to a further cut in interest rates in October.
Core inflation, which excludes the prices of energy, food, alcohol and tobacco because they are the most volatile and which serves as a reference for the ECB when establishing its policy monetary, stood at 2.7%, a tenth less than the previous month. . The ECB’s goal is for inflation to reach 2%, a rate it hopes to reach in 2026.
Among the components of the shopping basket, services once again recorded the highest inflation (4.0%, compared to 4.1% in August). In the case of food, alcohol and tobacco, it also fell by a tenth (2.4% compared to 2.3% in August). The fall in energy prices also accelerated to 6.0% (previous month was 3%).
Belgium (4.55) and Holland (3.3%) are the countries with the highest inflation rates, although in the second case there was a decrease of 0.9% compared to the month of August. France is the country where the difference from one month to the next is the most significant (with a drop of 1.2%).
