Eurozone October HICP Inflation Rises 4.0% Year Over Year
Eurostat’s preliminary Eurozone HICP reading for October rose 4.0% year over year, matching the 4.0% estimate.
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10:13:10 AM UTC
SquawkNews
By Ed FranklInflation in the eurozone rose for a fourth straight month in October as energy costs continued to rise, reinforcing expectations that the European Central Bank could hike its key interest rate again after holding it last week.Consumer prices rose 4.0% on year in October, accelerating f…