Eurostat released its consumer price inflation data for the Eurozone on Wednesday. The preliminary consumer price inflation in the Eurozone declined to an annual rate of -0.1% in September from 0.1% in August, missing expectations for a fall to 0.0%.

The preliminary consumer price inflation excluding food, energy, alcohol, and tobacco remained unchanged at an annual rate of 0.9% in September.

Food, alcohol and tobacco prices were up 1.4% in September, non-energy industrial goods prices gained 0.3%, and services prices climbed 1.3%, while energy prices dropped 8.9%.