The annual inflation rate in the Eurozone experienced a slight increase in September 2025, according to data released Wednesday by the EU’s statistical agency, Eurostat. The rate is now estimated at 2.2%, up from 2.1% in August. Prices rose by 0.1% compared to the previous month.
The core inflation rate, which excludes energy, food, alcohol and tobacco, remained stable at 2.3% in September, matching the figure recorded in August. This metric is closely monitored by the European Central Bank (ECB) as it strives to achieve and maintain its inflation target of 2%.
Analysis of the main components contributing to Eurozone inflation indicates that services are projected to have the highest annual rate in September, reaching 3.2% – an increase from the 3.1% observed in August. Food, alcohol and tobacco prices are expected at 3.0% (down from 3.2% in August). Industrial goods excluding energy remain at 0.8% (unchanged from August), while energy prices are estimated at -0.4% (up from -2.0% in August).
Significant variations exist across member states. Eurostat’s data indicate the highest inflation rate in Estonia at 5.2%, followed by Croatia and Slovakia, both at 4.6%. Cyprus presents a contrasting situation with a rate of 0.0%. For Germany, Eurostat calculates an inflation rate of 2.4%, using a methodology that differs from the figures released by the German Federal Statistical Office earlier this week, which also reported a rate of 2.4%.
