Eurozone Inflation Hits Three-Year High at 4% in October
Consumer price inflation rose from 3.8% in September, above expectations of 3.9%. Energy inflation increased to 20.8% from 18.9%, while services inflation rose to 3.3% from 3.2%.
Consumer price inflation increased to 4% from 3.8% in September. This was the highest inflation rate since September 2023 and above expectations of 3.9%.Energy inflation rose to 20.8% in October from 18.9% the month before, while services inflation was 3.3%, up from 3.2%. Food, alcohol and tobacco…