Euro Area Inflation Hits 3.8% Amid Energy Price Surge
The European Commission released a flash estimate for euro area annual inflation, which is expected to reach 3.8% in September 2026, up from 3.2% in August.
This increase is largely driven by energy prices, with an estimated annual rate of 18.8%, compared to 14.3% in August.
Services and food, alcohol & tobacco also saw increases, with annual rates of 3.2% and 1.4% respectively.