Eurozone Inflation Rises to 4% in October as Energy Costs Climb
Eurozone consumer prices were 4.0% higher in October than a year earlier, marking a fourth consecutive month of rising inflation. The report said energy costs continued to rise.
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 steady last week.Consumer prices were 4.0% higher in October than the…