19/10/2020 (Agence Europe) – Euro area annual inflation was -0.3% in September 2020, down from -0.2% in August according to data released by the Statistical Office of the European Union (Eurostat) on Friday 16 October. European Union annual inflation was 0.3% in September 2020, down from 0.4% in August. The lowest annual rates were registered in Greece (-2.3%), Cyprus (-1.9%), Estonia (-1.3%) and Italy (-1.0%). The highest annual rates were recorded in Poland (3.8%), Hungary (3.4%) and the Czech Republic (3.3%). Inflation was negative in Spain (-0.6%) and Germany (-0.4%), and zero in France. In September, the highest contribution to the annual euro area inflation rate came from food, alcohol & tobacco (+0.34 percentage points, pp), followed by services (+0.24 pp), non-energy industrial goods (-0.08 pp) and energy (-0.81 pp). (MB)