German federal statistics agency Destatis earlier reported that inflation in Germany has cooled further, from 1.9 percent in August to 1.6 percent in September. Inflation was also below the ECB’s target this month in France and Spain. The inflation figure for the entire eurozone will be published on Tuesday. In August, prices in the euro area were still 2.2 percent higher than a year earlier; Analysts expect a decline to 1.8 percent by September.
