Breaking News.. Final data on the inflation rate in the Eurozone for September shows a mixed picture.

Data released by the European Statistics Office shortly ago showed that the final reading of the consumer price index in the eurozone was mixed compared to market expectations and the preliminary reading.

According to the data, the annual change in the consumer price index - inflation rate - in the eurozone recorded at 1.7% during September, which was lower than the expectations that forecast inflation in the eurozone to be around 1.8%. The previous reading was about 2.2% in August.

As for the core European inflation, the final reading showed an annual growth in the consumer price index at its core (excluding changes in food, energy, alcohol, and tobacco prices) to 2.7% during September, which matched the expectations and the preliminary reading that both predicted the index to be around 2.7%, after the core inflation recorded about 2.8% in August.

The consumer price index measures the change in prices of goods consumed by individuals and is considered an expressive way to determine the change in purchasing trends and inflation rates in the eurozone. Consumer prices generally reflect the direction of inflation rates. Inflation rates are important for currency valuation, as rising prices lead the European Central Bank to increase interest rates. The relationship between inflation rates and interest rates is crucial in understanding the impact of certain indicators, such as the consumer price index, on markets and investments.