According to a flash estimate from Eurostat, euro area annual inflation is expected to be 0.9% in September 2019, down from 1.0% in August. Economists had expected a 1.0% increase. Meanwhile, the core figure arrived at 1.0% in the reported month when compared to 1.0% expectations and 0.9% previous.

Looking at the main components of euro area inflation, food, alcohol & tobacco is expected to have the highest annual rate in September (1.6%, compared with 2.1% in August), followed by services (1.5%, compared with 1.3% in August), non-energy industrial goods (0.3%, stable compared with August) and energy (-1.8%, compared with -0.6% in August).