Financial Times FT.com

Eurozone inflation hits highest rate since 2001

By Ralph Atkins in Frankfurt

Published: October 19 2005 03:00 | Last updated: October 19 2005 03:00

Eurozone inflation jumped in September to the highest annual rate since June 2001, revised data showed yesterday - but higher oil prices still show few signs of feeding through into other costs.

The leap in inflation, from 2.2 per cent in August to 2.6 per cent last month, means that the European Central Bank is almost certain to maintain the "strong vigilance" stance it adopted at its interest-rate setting meeting earlier this month.

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