Eurostat confirmed on Thursday that the consumer price inflation in the Eurozone was at annual rate of 0.3% in September, in line with expectations, down from 0.4% in August. That was the lowest inflation since October 2009.

Eurozone's consumer price index excluding food and energy was at annual rate of 0.8% in September, up from the previous reading of 0.7%. Analysts had expected the consumer price index excluding food and energy to rise 0.7%.

Greece, Spain, Italy, Slovenia and Slovakia showed a decrease in consumer prices over the 12 months.