Euro Visual China Data map
htmlOn September 30, the European Statistics Office released data showing that the euro zone's reconciliation CPI rose by 10% year-on-year in September, setting a record high and standing at double digits for the first time, higher than the expected 9.7% and the previous value of 9.1%; the euro zone's core reconciliation CPI in September was initially valued at 4.8% year-on-year, expecting 4.7% and the previous value of 4.3%.From the perspective of sub-items, the European Statistics Office said that energy prices are expected to remain the highest increase in September, up 40.8% year-on-year, with the previous value of 38.6%; followed by food, alcohol and tobacco prices, up 11.8% year-on-year, with the previous value of 10.6%; non-energy industrial products rose 5.6% year-on-year, with the previous value of 5.1%; service products rose 4.3% year-on-year, with the previous value of 3.8%.
htmlIn September, the ECB will increase the main refinancing interest rates, marginal loan interest rates, and deposit convenience rates by 75 basis points to 1.25%, 1.5% and 0.75%, respectively, which is the first time the European Central Bank has simultaneously raised the three major interest rates by 75 basis points since 1999. Earlier, the ECB raised the main refinancing interest rates, marginal loan rates, and deposit convenience rates by 50 basis points to 0.5%, 0.75%, and 0% respectively in July, which was the first time the ECB raised interest rates in in 11 years.
