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Eurozone inflation hits 4% for first time since 2023, piling pressure on ECB

Eurozone October preliminary CPI +4.0% vs +4.0% y/y expected Prior +3.8% Eurozone October preliminary core CPI +2.5% vs +2.5% y/y expected Prior +2.5% Headline annual inflation in the euro area climbs to 4% in October, hitting that mark for the first time since September 2023. Now, that's a doozy for ECB policymakers. The culprit is once again higher energy prices, with energy inflation…

ForexForexLive

Eurozone October preliminary CPI +4.0% vs +4.0% y/y expected

Eurozone October preliminary CPI +4.0% vs +4.0% y/y expected Prior +3.8% Eurozone October preliminary core CPI +2.5% vs +2.5% y/y expected Prior +2.5% Details to follow.. This article was written by Justin Low at investinglive.com.

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