European statistics data published: EU and Euro zone inflation, export performance


Inflation in the eurozone fell to 0.7 percent on an annual basis in October, from 0.8 percent in September. The European statistics agency Eurostat reported this on the basis of a definitive figure.

The figure corresponds to an earlier estimate. Core inflation, without the influence of the sharply fluctuating prices for energy and food and beverages, rose to 1.1 percent from 1 percent in September.

Eurostat recorded an inflation rate of 1.1 percent for the entire European Union, compared to 1.2 percent a month earlier.

Goods exports from the euro zone countries to the rest of the world increased by 5.2 percent in September compared to a year earlier. A total of € 196.2 billion was implemented in that month. The European statistical office Eurostat reported this on the basis of a provisional estimate.

Imports from the nineteen euro countries rose by 2.1 percent on an annual basis to a value of 177.6 billion euros. This resulted in a trade surplus of 18.7 billion euros.

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Leah Kunze

Leah Kunze just graduated MBA and is proud of it. She is interested in automotive industry and innovations. She well be glad to receive a mail to [email protected]

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