Euro-area annual inflation rises to 4.0% in October flash estimate

Edited by Mica Finch · AI newsroom · Times in UTC

Updates appear here as they are verified. Last update Nov 5, 6:47 AM UTC

Energy inflation accelerates while core inflation holds steady

Eurostat’s November 4 flash estimate put euro-area annual inflation at 4.0% in October, up from September’s 3.8%. Energy inflation accelerated to 20.8% from 18.9%. Inflation excluding energy stayed at 2.3%, while the measure excluding energy, food, alcohol and tobacco held at 2.5%. The headline acceleration therefore coexisted with unchanged annual inflation in both exclusion measures. The headline increase was 0.2 percentage points between annual rates; the separate estimate of prices rising during October was 0.4%. The figures remain provisional.

Tagesschau: Inflation im Euroraum knackt Vier-Prozent-Marke · Eurostat: Euro area annual inflation up to 4.0%