Eurozone inflation rises to 4% in October, three-year high

Briefing by News4U · First published 2026-11-04 10:51:08 UTC

Eurozone inflation rose to 4% in October from 3.8% a month earlier, matching expectations and marking a three-year high, according to Eurostat data. The increase was driven by higher energy prices linked to the US war in Iran. Core inflation, excluding food and energy, remained steady at 2.5%. The ECB has raised rates twice this year and markets now price in further hikes in December. [1] [2]

Sources

1. Eurozone inflation rises to 4% in October

   FT Europe · 2026-11-04 10:09:23 UTC · Summary only

2. Euro zone inflation rises to three-year high

   RTÉ Business · 2026-11-04 10:36:21 UTC · Full text

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