[Asia Economy Reporter Yuri Choi] The European Union (EU) recorded a historic high consumer price inflation rate of 9.9% year-on-year in September.
According to Investing.com on the 19th, the EU's consumer price inflation rate entered the 9% range in August. After recording 9.1%, it rose to 9.9% in September, approaching double digits.
The consumer price index excluding tobacco rose by 10.1%, driving up the overall consumer price inflation.
The core consumer price inflation rate, which excludes volatile energy and food items, increased sharply to 4.8% from 4.3% in August.
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