FX.co ★ Eurozone Inflation Edges Up on Slower Energy Decline

In September 2025, the consumer price inflation in the Euro area increased to 2.2%, slightly surpassing the European Central Bank's target of 2.0%. This marks a rise from the stable 2.0% inflation observed over the previous three months, according to preliminary figures. The uptick was primarily attributed to a reduced decline in energy costs, which fell by 0.4%, an improvement from the 2.0% decrease seen in August. Inflation in services crept up to 3.2% from 3.1%, while the inflation rate for food, alcohol, and tobacco slowed to 3.0% from the earlier 3.2%, influenced by a weakening in unprocessed food inflation. Inflation for non-energy industrial goods remained steady at 0.8%. Core inflation, which excludes the volatile sectors of energy, food, alcohol, and tobacco, held steady at 2.3%, maintaining its lowest point since January 2022.