The Euro area’s annual inflation was estimated at 3.8% for September 2026, up from 3.2% in August, according to the latest data published by Eurostat.
Spain is the most affected, as local energy cost spikes drove the number up to 5%. Belgium reached 4.69% (the highest level since 2023) and Italy reached 4.2%. Meanwhile, France stayed up at 3.4% but still lower than most of its neighbours, and Germany rose to 3.3%.
