Eurozone inflation reaches new record level

Euro symbol, Willy Brandt Platz, Frankfurt

Year-on-year inflation in the eurozone reached a new record high of 10% in September, according to official statistics released today (September 30).

Energy prices remained the main factor boosting the harmonised index of consumer prices (HICP). Energy prices increased by 40.8%, primarily due to Russia’s invasion of Ukraine and the reduced supply of gas into the eurozone.

This new record is likely to reinforce those on the European Central Bank governing council who support a fast tightening

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account