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Mmastodon BusinessEconomy first seen 8 h ago, last 11 min ago, peak #8

Euro area inflation seen accelerating to 3.5% in September

Original: # euro area # inflation Economists polled by @Reuters expect consumer prices in Sept to have risen by 3.5%Y, up from 3.2

Economists polled by Reuters expect euro area consumer prices to have risen 3.5% year-on-year in September, up from 3.2% in August, which would mark the fastest pace in nearly three years. The expectations come ahead of the flash estimate due from Eurostat on Friday.

Why now: The Eurostat flash inflation estimate due Friday is imminent, and faster price growth could shape expectations for European Central Bank interest rate policy.

EurostatReutersEuropean Central Bankeuro areaFinancial Times

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