Euro zone inflation rises to higher-than-expected 2%, weakening case for jumbo rate cut
- Inflation in the 20-nation euro zone increased to 2% in October, higher than the expected 1.9%, according to preliminary figures from Eurostat.
- The September inflation rate was revised down to 1.7%, below previous expectations.
- The rise in the headline rate was influenced by a 2.9% increase in food, alcohol, and tobacco prices.
Insights by Ground AI
Does this summary seem wrong?
Coverage Details
Total News Sources0
Leaning Left2Leaning Right1Center5Last UpdatedBias Distribution63% Center
Bias Distribution
- 63% of the sources are Center
62% Center
L 25%
C 62%
13%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage