Inflation in the Eurozone exceeded four percent According to the initial data published by the Statistics Center of the European Union (Eurostat), inflation in the Eurozone increased by 4% compared to the corresponding period last year. The inflation rate was recorded in September at 3.8%. The main drivers for the price increase are energy issues; Energy prices in the Eurozone jumped by 20.8% compared to the same month last year, while this increase stood at 18.9% in September. Also, the price of services increased by 3.3% and the price of food, beverages and tobacco increased by 1.6% compared to last year. Stephanie Schoenwald, an expert from the German State Development Bank (KfW), analyzing this situation, says: "Given the crisis and the unresolved conflicts with Iran, the inflation rate of four percent could be with us in the coming months. It is expected that only in the second quarter of 2027 and with the withdrawal of low energy prices from the annual inflation base, we will see a significant decrease in annual inflation."