Home / Market Update / Eurozone Preliminary CPI Accelerates October

Eurozone Preliminary CPI Accelerates October

The annualized Eurozone Consumer Price Index (CPI) rose by 4.1% in October, exceeding expectations of 3.7% while sharply higher from the previous reading of 3.4%, data published by Eurostat showed on Friday. The core figures arrived at 2.1% YoY in October when compared to 1.9% expectations and 1.9% booked last.

Check Also

US Treasury Secretary: It’s up to Fed to decide on rates, Powell replacement discussions set for fall

U.S. Treasury Secretary Scott Bessent emphasized that interest rate decisions rest with the Federal Reserve, …