“Consumer prices in the 17 countries sharing the euro rose 2.7 percent year-on-year, the European Union’s statistics office Eurostat said on Friday in a first estimate that marked a rise from 2.6 percent in August.
Markets had expected inflation to ease to 2.5 percent.
Energy prices jumped 9.2 percent after a 8.9 percent rise the previous month.
Core inflation, excluding both energy and unprocessed foods, fell to its lowest level in a year of 1.7 percent in August, the latest month for which the data has been published.”
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