Euro zone inflation surges, keeping pressure on ECB to hike
Euro zone inflation jumped to 3.8% in September, exceeding expectations and signaling further increases due to soaring energy costs. This trend maintains pressure on the European Central Bank to implement additional interest rate hikes.
Euro zone inflation surged more than expected in September and is likely to rise further in the coming months as energy costs climb, keeping pressure on the European Central Bank to lift interest rates even higher. 8% in Septem…