October 17, 2025

The euro area’s annual inflation rate was 2.2% in September 2025, up from 2.0% in August. A year earlier, the rate was 1.7%. Similarly, annual inflation in the European Union rose to 2.6% in September 2025, up from 2.4% in August. A year earlier, the rate was also 2.1%.

Cyprus recorded the lowest annual inflation rate (0.0%), followed by France (1.1%), Italy and Greece (both 1.6%). The highest annual rates were observed in Romania (8.6%), Estonia (5.3%), Croatia and Slovakia (both 4.6%). Compared to August 2025, annual inflation declined in eight Member States, increased in fifteen, and remained stable in four.

In September 2025, services contributed the most to the annual euro area inflation rate (+1.49 percentage points), followed by food, alcohol, and tobacco (+0.58 pp), non-energy industrial goods (+0.20 pp), and energy (-0.03 pp).

(Source: Eurostat)

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