empty
 
 

2018.11.1605:39:00UTC+00Eurozone October Inflation Confirmed Near 6-year High

Eurozone inflation accelerated in October at the fastest pace in almost six years, as estimated initially, final figures from Eurostat showed on Friday.

The consumer price index rose 2.2 percent year-on-year after a 2.1 percent increase in September. Inflation was the highest since December 2012.

Inflation again exceeded the European Central Bank's target of "below, but close to 2 percent".

Core inflation, which excludes prices of volatile items such as energy, food, and alcohol and tobacco, rose to 1.1 percent from 0.9 percent in September.

The flash estimates released on October 31 were thus confirmed.

On a month-on-month basis, the CPI climbed 0.2 percent in October.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback