Economy and macroUpdated November 4

Eurozone energy prices rose 20.8% year on year in October

Eurostat’s flash estimate put annual inflation at 3.8% in September and 4% in October. Energy had the biggest annual increase among the main components: prices rose 20.8%, up from 18.9% in September. Yet the core measure, which excludes energy, food, alcohol and tobacco, stayed at 2.5%. Energy made the headline reading much hotter, while that defined core measure held steady.

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Coverage started November 4