Restaurants, rents push euro zone inflation up in September

Restaurants, rents push euro zone inflation up in September
 

Higher prices in restaurants and cafes as well as rents and cigarette prices pushed up euro zone inflation in September, data showed on Monday, offsetting the downward pull on the index from cheap fuel and gas prices.
The European Union's statistics office Eurostat confirmed that consumer prices in the 19 countries using the euro rose 0.4 percent month-on-month for a 0.4 percent year-on-year gain, as expected by markets and in line with initial Eurostat estimates.
The statistics agency said price rises in restaurants and cafes added 0.08 points to the overall annual result and more... read more

 
17 October 2016 in Business, Views: 32
Source: Reuters
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