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Eurozone inflation jumps to 3.8% in September as energy prices surge

Eurozone September preliminary CPI +3.8% vs +3.6% y/y expected Prior +3.2% Eurozone September preliminary core CPI +2.5% vs +2.5% y/y expected Prior +2.4% The breakdownThe headline estimate reaffirms that inflation continues to surge higher in the euro area at the end of the third quarter. That is largely driven by energy prices, which jumped by 18.8% in September compared to the 14.3% rise in…

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