Inflation in the Eurozone reaches 2% in October

Inflation in the Eurozone reaches 2% in October

Eurozone inflation reached 2 per cent in October, in line with the European Central Bank’s target and strengthening the argument for a smaller quarter-point rate cut in December. The annual figure from Eurostat, the EU’s statistics agency, slightly exceeded analysts’ expectations of 1.9 per cent. Last month, the inflation rate was at 1.7 per cent, … Read more